Ju.com launches JU buyback and burn program, with the first round totaling $20 million

Foresight News reported that Ju.com has officially launched its first round of market buyback and burn operations. The total amount for the first buyback is $20 million, and the buyback will be conducted in batches on the open market starting from the announcement, in order to execute smoothly and minimize market impact. All funds for this buyback come from the platform's operating profits, and 100% of the repurchased JU will be burned. Among them, 500,000 JU (approximately $4 million) were burned at 22:00 on September 19, 2025 (UTC+8). In the future, mechanisms such as regular profit buybacks and capital introduction will be initiated through community governance and decided by a vote of all token holders.