Xiangyu Medical (688626.SH) Announces Share Repurchase Plan Worth RMB 80 Million to RMB 160 Million

Sunnyou (688626.SH) announced that the company plans to repurchase shares at a cost of 0.8 billion yuan to 1.6 billion yuan. The repurchase price will not exceed 65 yuan per share. The repurchased shares are intended for equity incentives or employee stock ownership plans, or for converting into convertible corporate bonds issued by the listed company in the future when appropriate. If the company fails to implement the aforementioned purposes within three years after the announcement of the share repurchase results and changes in shares, the unused portion of the shares will be cancelled.