---
title: "JINGXIN: Adjusted the repurchase fund limit to 700 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/230964198.md"
description: "JINGXIN announced that the board of directors has decided to adjust the funding limit for the share repurchase plan to 700 million yuan, up from 400 million yuan. This adjustment does not require the approval of the shareholders' meeting and plans to repurchase part of the public shares through centralized bidding, with an estimated repurchase quantity of 23.6486 million to 47.2973 million shares, accounting for 2.75%-5.49% of the total share capital. As of the announcement date, the company has repurchased 28.4335 million shares, with a payment amount of 352 million yuan"
datetime: "2025-03-07T09:36:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/230964198.md)
  - [en](https://longbridge.com/en/news/230964198.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/230964198.md)
generator: "portal-rs"
---

# JINGXIN: Adjusted the repurchase fund limit to 700 million yuan

JINGXIN announced that the company's board of directors has approved an adjustment to the share repurchase plan, changing the total repurchase fund amount from "not less than 200 million yuan and not more than 400 million yuan" to "not less than 350 million yuan and not more than 700 million yuan." This adjustment does not require submission to the shareholders' meeting for approval, and other content remains unchanged. The company plans to repurchase part of the public shares through centralized bidding, and the repurchased shares will be used for equity incentives or employee stock ownership plans. The adjusted range for the number of repurchased shares is expected to be between 23.6486 million and 47.2973 million shares, accounting for approximately 2.75%-5.49% of the company's total share capital. As of the announcement date, the company has repurchased 28.4335 million shares, accounting for 3.3% of the total share capital, with a total payment amount of 352 million yuan

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**