On May 26, a total of six companies engaged in share buybacks, with Qunxing Toys emerging as the frontrunner in this activity. The company allocated 97 million yuan for the repurchase of 26.22 million shares, highlighting its commitment to enhancing shareholder value. This significant move reflects Qunxing Toys' confidence in its market position and long-term growth prospects.

Share buybacks have become a popular strategy among publicly listed companies as they look to bolster their stock prices and return capital to shareholders. Qunxing Toys' aggressive repurchase program may not only provide a signal of financial strength but could also positively influence investor sentiment towards the company amidst a competitive landscape.