AOTO Electronics announced that its controlling shareholder, actual controller, and chairman Wu Hanqu has proposed that the company use its own funds or self-raised funds to repurchase part of the issued public shares, with a total repurchase amount of no less than 10 million yuan and no more than 20 million yuan. The repurchased shares will be used for employee stock ownership plans or equity incentives, and the repurchase price cap shall not exceed 150% of the average trading price of the company's stock over the thirty trading days prior to the board's resolution approving the repurchase plan. Wu Hanqu also proposed implementing a semi-annual profit distribution for 2026, distributing a cash dividend of 0.20 yuan per ten shares, before tax, to all shareholders, with no bonus shares and no conversion of capital reserve into share capital.
Shenzhen Aoto Electronics Co LtdControlling shareholder proposes share buyback and semi-annual dividend, signaling confidence and returning capital to shareholders.