Tianfu Communication to Buy Back Up to RMB 150M in Shares

This is a China A-share optical-module name, not a crypto or RWA issuer, so the read-across for digital-asset markets is indirect at best. What stands out is the structure: a controlling-shareholder proposal, a price ceiling well above where the stock presumably trades, and full cancellation rather than a buyback held for resale or employee incentives. Cancellation mechanically shrinks registered capital, so the signal is about capital return rather than liquidity support. Whether the shareholder vote and the six-month execution window deliver the full amount is the open question.