Nearly 20 A-Share Firms Announce Buybacks and Share Increases; Foxconn Industrial Internet Plans RMB 1-2
On July 27, 2026, nearly 20 A-share companies disclosed share repurchase and increase plans after market close. Foxconn Industrial Internet proposed a buyback of RMB 1-2 billion at up to RMB 103 per share. Other firms, including iFlytek, TELD, and Sanhua, announced buybacks ranging from RMB 30 million to RMB 600 million. ST Zhongzhu's second-largest shareholder planned to increase holdings by 20-40 million shares, representing 10.38% of total shares, while Zhongcheng High-Tech's controlling shareholder planned to add at least RMB 30 million, capped at 5% of total shares.
Multiple A-share listed companies disclosed share repurchase and increase plans after the market close on July 27, 2026. Foxconn Industrial Internet released a buyback report, planning to repurchase shares through centralized bidding within three months, with an amount of no less than RMB 1 billion and no more than RMB 2 billion, at a repurchase price not exceeding RMB 103 per share. The repurchased shares will be used to maintain the company's value and shareholders' interests, and will be sold as per regulations, with any unsold portion to be cancelled after the deadline. The company's board has approved the proposal.
Other companies simultaneously released buyback plans: TELD received a proposal from its actual controller and chairman, Yu Dexiang, to repurchase RMB 300 million to RMB 600 million for equity incentives or employee stock ownership plans. Sanhua Intelligent Controls plans to use its own funds to repurchase A-shares through centralized bidding, with an amount of RMB 200 million to RMB 400 million, at a price not exceeding RMB 60 per share, for subsequent equity incentives or employee stock ownership plans, with an implementation period of 12 months. Shiyu Circuit plans to repurchase RMB 200 million to RMB 300 million, at a price not exceeding RMB 55 per share, for employee stock ownership or equity incentives, within six months, and has obtained a loan commitment letter from China Construction Bank Jiangmen Branch. Xingyu Auto Parts plans to repurchase RMB 100 million to RMB 200 million, at a price not exceeding RMB 148.51 per share, all for reducing registered capital, with an implementation period of 12 months. iFlytek plans to repurchase RMB 100 million to RMB 200 million, at a price not exceeding RMB 62.13 per share, for equity incentives or employee stock ownership plans, within 12 months. Huawu Shares plans to repurchase RMB 80 million to RMB 150 million, at a price not exceeding RMB 12 per share, for employee stock ownership or equity incentives.
Faben Information's controlling shareholder and actual controller, Yan Hua, proposed a repurchase of RMB 30 million to RMB 60 million to maintain the company's value and shareholders' interests. Yongzhen Shares plans to repurchase RMB 40 million to RMB 80 million, at a price not exceeding RMB 22.79 per share, for employee stock ownership or equity incentives. Wuchan Jinlun plans to repurchase RMB 30 million to RMB 60 million, at a price not exceeding RMB 14 per share, to maintain the company's value and shareholders' interests. Ningbo Yunsheng plans to repurchase RMB 50 million to RMB 100 million, at a price not exceeding RMB 19.68 per share, for employee stock ownership plans. Guangdong Mingzhu plans to repurchase RMB 100 million to RMB 150 million, at a price not exceeding RMB 10 per share, for employee stock ownership or equity incentives, within 12 months. Tongxing Technology plans to repurchase RMB 60 million to RMB 120 million, at a price not exceeding RMB 57.01 per share, for employee stock ownership or equity incentives. Puren Shares plans to repurchase RMB 30 million to RMB 50 million, at a price not exceeding RMB 909.88 per share, to maintain the company's value and shareholders' interests, within three months.
Yuchen Intelligent plans to repurchase RMB 15 million to RMB 30 million, at a price not exceeding RMB 46.28 per share, for employee stock ownership or equity incentives. Honggong Technology plans to repurchase RMB 60 million to RMB 90 million, at a price not exceeding RMB 100 per share, for employee stock ownership or equity incentives, within 12 months.
On the share increase front: ST Zhongzhu's second-largest shareholder, Meihua Investment, whose actual controller Wu Shichun controls Ningbo Meiling Wofei Enterprise Management Consulting Partnership, plans to increase its shareholding by 20 million to 40 million shares. As of now, Meihua Investment holds 207 million shares, representing 10.38% of total share capital. Zhongcheng High-Tech's controlling shareholder, Fuzhou Qianjing, plans to increase its shareholding within six months from the announcement date, with an increase amount of no less than RMB 30 million, and the number of shares not exceeding 5% of total share capital, with no price limit.