Xiangyu Medical (688626.SH) Announces Plan to Repurchase Shares Worth RMB 50 Million to RMB 100 Million at Up to RMB 40 per Share

Sunnyou (688626.SH) announced that the company plans to repurchase its shares through centralized bidding. The total amount of repurchase will be no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive). The repurchase price will not exceed RMB 40.00 per share (inclusive). The repurchase period will be within three months from the date the board of directors approves this repurchase plan.

The funding source for this share repurchase is the company's own funds and/or a special loan for stock repurchase (including the special loan for stock repurchase provided by the Anyang Branch of Shanghai Pudong Development Bank Co., Ltd.), with the amount of the special loan not exceeding 70 million yuan.