Nearly 20 A-Share Firms Announce Buybacks; Foxconn Industrial Internet Up to 2 Billion Yuan, iFLYTEK, Tgood Up

Multiple A-share listed companies disclosed share buyback and increase plans after the market close on July 27, 2026. Foxconn Industrial Internet issued a buyback report, planning to repurchase shares via centralized bidding within three months, with an amount of not less than 1 billion yuan and not more than 2 billion yuan, at a repurchase price not exceeding 103 yuan per share. The repurchased shares will be used to safeguard the company's value and shareholder interests, and will be sold in accordance with regulations, with any unsold portion to be cancelled. The company's board of directors has approved the proposal.

Other companies simultaneously announced buyback plans: Tgood received a proposal from its actual controller and chairman, Yu Dexiang, to repurchase 300 million to 600 million yuan for equity incentives or employee stock ownership plans. Sanhua Intelligent Controls plans to use its own funds to repurchase A-shares via centralized bidding, with an amount of 200 million to 400 million yuan, at a price not exceeding 60 yuan per share, for subsequent equity incentives or employee stock ownership plans, with an implementation period of 12 months. Shiyun Circuit plans to repurchase 200 million to 300 million yuan, at a price not exceeding 55 yuan per share, for employee stock ownership or equity incentives, with a period of six months; the company has obtained a loan commitment letter from China Construction Bank Jiangmen Branch. Xingyu plans to repurchase 100 million to 200 million yuan, at a price not exceeding 148.51 yuan per share, all to be used to reduce registered capital, with an implementation period of 12 months. iFLYTEK plans to repurchase 100 million to 200 million yuan, at a price not exceeding 62.13 yuan per share, for equity incentives or employee stock ownership plans, with a period of 12 months. Huawu plans to repurchase 80 million to 150 million yuan, at a price not exceeding 12 yuan per share, for employee stock ownership or equity incentives.

Faben Information's controlling shareholder and actual controller, Yan Hua, proposed a repurchase of 30 million to 60 million yuan to safeguard the company's value and shareholder interests. Yongzhen plans to repurchase 40 million to 80 million yuan, at a price not exceeding 22.79 yuan per share, for employee stock ownership or equity incentives. Wuchan Jinlun plans to repurchase 30 million to 60 million yuan, at a price not exceeding 14 yuan per share, to safeguard the company's value and shareholder interests. Ningbo Yunsheng plans to repurchase 50 million to 100 million yuan, at a price not exceeding 19.68 yuan per share, for employee stock ownership plans. Guangdong Mingzhu plans to repurchase 100 million to 150 million yuan, at a price not exceeding 10 yuan per share, for employee stock ownership or equity incentives, with a period of 12 months. Tongxing Technology plans to repurchase 60 million to 120 million yuan, at a price not exceeding 57.01 yuan per share, for employee stock ownership or equity incentives. Puran plans to repurchase 30 million to 50 million yuan, at a price not exceeding 909.88 yuan per share, to safeguard the company's value and shareholder interests, with a period of three months.

Yuchen Intelligent plans to repurchase 15 million to 30 million yuan, at a price not exceeding 46.28 yuan per share, for employee stock ownership or equity incentives. Honggong Technology plans to repurchase 60 million to 90 million yuan, at a price not exceeding 100 yuan per share, for employee stock ownership or equity incentives, with a period of 12 months.

Regarding share increases: Meihua Investment, the second-largest shareholder of ST Zhongzhu, and its actual controller Wu Shichun, through Ningbo Meiling Wo Fei Enterprise Management Consulting Partnership, plans to increase holdings by 20 million to 40 million shares. As of now, Meihua Investment holds 207 million shares, representing 10.38% of total share capital. The controlling shareholder of Zhongcheng Gaoke, Fuzhou Qianjing, plans to increase its holdings within six months from the date of disclosure, with an increase amount of not less than 30 million yuan, and the number of shares not exceeding 5% of total share capital, with no price limit.