According to CoinMeta, Xingyun Technology announced that its board of directors has approved a share repurchase plan. The company intends to use its own funds and/or raised funds to repurchase its A-share shares through centralized bidding, with the aim of maintaining the company's value and shareholders' rights and interests. The repurchase price will not exceed 44.35 yuan per share, and the total amount of funds for repurchase will be no less than 200 million yuan and no more than 300 million yuan. The repurchase period is within three months from the date of approval by the board of directors.