Yingmai Micro Holdings announced that the company plans to repurchase no less than $50 million worth of ordinary shares from selling shareholders.

This repurchase action demonstrates the company's strong recognition of its own value, while also helping to optimize its capital structure. By repurchasing common shares, the company can reduce the number of shares in circulation, thereby increasing earnings per share and conveying management's confidence in the company's future development to the market. Such capital operations are generally regarded as positive signals by investors.