# China's SSE Main Board Weekend Filings Boost Tech Buybacks

> Tech firms on China's SSE Main Board announced buyback plans totaling 1.4 billion yuan, with profit forecasts rising 150-180% year-on-year.
- Title: China's SSE Main Board Weekend Filings Boost Tech Buybacks
- Summary: Tech firms on China's SSE Main Board announced buyback plans totaling 1.4 billion yuan, with profit forecasts rising 150-180% year-on-year. Four Chinese tech…
- Keywords: sse main board, tech buybacks, shengyi technology, hengtong optic-electric, profit growth, buyback caps, 1.4 billion yuan, copper-clad laminates, ai computing, finance, markets, China's
- Source: BigGo Finance — https://finance.biggo.com/news/a2bd015c-ef28-4ecf-9458-8c8078bd5612
- Author: BigGo Finance
- Published: 2026-10-19T01:55:51+00:00
- Read time: 1 min
- Topics: sse main board, tech buybacks, shengyi technology, hengtong optic-electric, profit growth, buyback caps, 1.4 billion yuan, copper-clad laminates, ai computing, finance, markets
## Weekend filings surge
From Oct. 16 to Oct. 18, over 30 SSE Main Board companies filed positive announcements including 23 buyback and share-increase plans.
## Tech buyback programs
Four tech firms, OmniVision Group, Sugon, Shengyi Technology and Kinwong Electronic, rolled out buyback programs with a combined cap of 1.4 billion yuan.
## Buyback details
OmniVision Group plans to repurchase shares between 250 million and 500 million yuan at a maximum price of 120 yuan per share.
## Share-increase plans
Meihu's chairman plans to raise his stake by 10 million to 20 million yuan over six months starting Oct. 19.
## Profit growth forecasts
Shengyi Technology forecasted a 164%, 181% year-on-year rise in net profit for the first three quarters of 2026.
## Hengtong Optic-Electric growth
Hengtong Optic-Electric reported a 151.27%, 168.10% year-on-year increase in net profit for the first three quarters of 2026.
## Shengyi Electronics growth
Shengyi Electronics projected a 68%, 75% year-on-year rise in net profit for the first three quarters of 2026.
## EU certification progress
Jiuzhou Pharmaceutical's subsidiary obtained its first EU drug GMP certificate for granule production with annual capacity of 80 million sachets.
## Tiancheng Auto Control project
Tiancheng Auto Control's subsidiary won a passenger-car seat assembly nomination for a joint-venture automaker with mass production expected in March 2027.
## Market impact
Buybacks are concentrated in booming tech sectors with shares earmarked for employee stock ownership rather than immediate earnings boosts.
## Key takeaway

Four Chinese tech companies rolled out buyback programs with a combined cap of 1.4 billion yuan, while Shengyi Technology and Hengtong Optic-Electric reported 164-181% and 151-168% year-on-year profit growth.