Yaokang Biology: intends to repurchase 20-40 million yuan of shares

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Jinshi data news on November 7th, Yaokang Biology announced that the company plans to repurchase part of the RMB ordinary shares already issued by the company through centralized Bidding trading. The specific buyback plan is as follows: the amount of repurchased shares is no less than RMB 22 million and no more than RMB 40 million; the source of funds for repurchasing shares is from the company’s own funds and special loan funds for stock repurchase; the repurchase price of shares does not exceed RMB 18 per share; the method of repurchasing shares is through centralized Bidding trading; the term of repurchasing shares is within 12 months from the date when the board of directors of the company approves the share repurchase plan. The company’s directors, supervisors, senior management, controlling shareholders, and actual controllers have no specific reduction plan in the next 3 months or 6 months.

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