# Recodeal: Chairman proposes RMB 50 million to RMB 100 million share buyback

- Source: 36Kr Embodied Intelligence
- Published: 2026-10-16T10:34:15.000Z
- RoboHot: https://robohot.news/en/items/ajsokzp182orh939sw0f9n13t
- Original: https://36kr.com/newsflashes/4028413633909125?f=rss

## Summary

Recodeal announced that Chairman Wu Shijun has proposed repurchasing part of the company's shares through centralized bidding, with total buyback funds of no less than RMB 50 million and no more than RMB 100 million. The repurchased shares will be used at an appropriate future time for an employee stock ownership plan, equity incentives, or conversion of the company's issued convertible corporate bonds.