According to CoinMeta, Nanya New Materials announced that on November 9, 2026, the company's board of directors received a letter from Mr. Bao Xiuyin, the chairman and one of the actual controllers, titled "Proposal on the Repurchase of Company Shares by Nanya New Materials Technology Co., Ltd." Based on confidence in the company's future development prospects and recognition of its long-term value, Mr. Bao Xiuyin proposed that the company use its own funds or raise funds to repurchase a portion of its A-shares through centralized bidding transactions. The total amount of funds for the repurchase shall not exceed RMB 200 million (inclusive) and shall not be less than RMB 100 million (inclusive). All the repurchased shares will be used to maintain the company's value and shareholders' rights and interests. The upper limit of the repurchase price shall not exceed 150% of the average trading price of the company's shares over the 30 trading days prior to the board of directors' resolution to carry out the repurchase.