According to CoinMeta, Huitong Holdings announced that on November 5, 2026, the company's board of directors received a letter from the actual controller and chairman, Mr. Chen Wangbao, titled "Proposal on the Repurchase of Company Shares by Hefei Huitong Holdings Co., Ltd." The proposal suggests that the company use its own funds or raise additional capital to repurchase the RMB ordinary shares (A-shares) issued by the company through the Shanghai Stock Exchange's stock trading system using a centralized bidding method. The total amount of funds for the repurchase is not less than RMB 20 million (inclusive) and not more than RMB 40 million (inclusive). The repurchased shares are intended to be used for employee equity incentives or to reduce the company's registered capital. The repurchase period is within 12 months from the date when the repurchase plan is approved by the board of directors or the shareholders' meeting. The proposer has committed to actively promoting the convening of a board meeting to discuss the share repurchase matter as soon as possible and to vote in favor of it. The aforementioned repurchase action must go through the required approval procedures before it can be implemented, and there are still uncertainties involved.