Ailisi chairman proposes 100–200 million yuan share buyback
In short
Ailisi (688578.SH) said its actual controller, chairman and general manager Du Jinhao proposed buying back 100 million to 200 million yuan of A-shares with the company’s own funds through centralized bidding. The repurchased shares would be used for an employee stock ownership plan or equity incentive. The reports did not say whether the board had approved the plan or when it would be carried out.
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Ailisi (688578.SH) said its actual controller, chairman and general manager Du Jinhao proposed a share buyback of 100 million to 200 million yuan, according to company announcements reported by CLS and Jiemian on 7 October 2026. Yicai also reported the proposed amount range. [ 1 , 2 , 3 ]
The repurchase would be made with the company’s own funds through centralized bidding, CLS and Jiemian reported. The repurchased A-shares would be used for an employee stock ownership plan or equity incentive, they said. [ 1 , 3 ]
No board approval or timetable for the buyback was mentioned in the reports. [ 1 , 2 , 3 ]
Why it matters
The proposal, if executed, would use company funds to buy back A-shares and fund employee incentives. The documents do not indicate whether the plan will proceed, so its practical effect is not yet known.
Key facts
- Ailisi trades under ticker 688578.SH. [ 1 ]
- Du Jinhao is the company’s actual controller, chairman and general manager. [ 1 , 3 ]
- The proposed buyback is 100 million to 200 million yuan. [ 1 , 2 , 3 ]
- The repurchase would use the company’s own funds and centralized bidding. [ 1 , 3 ]
- Repurchased shares would fund an employee stock ownership plan or equity incentive. [ 1 , 3 ]
- The proposal was published on 7 October 2026. [ 1 , 2 , 3 ]
Confirmed by several sources
- Du Jinhao proposed the buyback, according to company announcements reported by CLS and Jiemian. [ 1 , 3 ]
- The proposed repurchase is 100 million to 200 million yuan of A-shares. [ 1 , 2 , 3 ]
- The buyback would use the company’s own funds through centralized bidding. [ 1 , 3 ]
- The repurchased shares would be used for an employee stock ownership plan or equity incentive. [ 1 , 3 ]
Still unclear
- Whether the board of directors has formally approved the buyback, and when it would be executed. The documents only describe the controller’s proposal; no board resolution or timetable is mentioned.
- The exact number of shares or price range for the repurchase. The documents state only the total funding range, not a share count or price cap.