Changxin Technology plans to spend $1 billion to $2 billion to repurchase shares, with a net profit of $132.04 billion in the first three quarters.

BlockBeats news, October 30: Changxin Technology announced that it plans to repurchase company shares through centralized bidding transactions, with a repurchase amount of RMB 1 billion to RMB 2 billion, a repurchase price not exceeding RMB 72.69 per share, and the source of funds being its own or self-raised funds. In addition, the company achieved a net profit of RMB 132.04 billion in the first three quarters of 2026, compared with a loss in the same period last year, achieving a turnaround from loss to profit.