Zhitong Finance App News, Changguang Huaxin (688048.SH) announced that the company plans to use its own funds to repurchase some of the company's issued RMB common shares (A shares) through centralized bidding transactions. The total amount of capital used for the repurchase is not less than RMB 30 million (inclusive) and no more than RMB 60 million (inclusive). The repurchase price does not exceed RMB 63.59 per share (inclusive). The repurchase period is within 6 months from the date the company's board of directors reviewed and approved the share repurchase plan.