Qi An Xin Technology Group Inc(688561) : it is proposed to repurchase shares with RMB 150 million to RMB 300 million

On the evening of March 8, Qi An Xin Technology Group Inc(688561) announced that it planned to use its own funds of 150 million yuan to 300 million yuan to repurchase shares at a price of no more than 80 yuan / share. All the repurchased shares will be used for employee stock ownership plan or equity incentive at an appropriate time in the future, and will be transferred within three years after the announcement of the implementation results of share repurchase and share change; If the shares repurchased this time cannot be transferred within three years after the implementation result of share repurchase and the announcement date of share change, the company will perform the procedures of reducing the registered capital according to law, and the non transferred shares will be cancelled.