Jinyu Bio-Technology share repurchase exceeds 1%

Jinyu Bio-Technology Co., Ltd. (SSE:600201) announced that its share repurchase plan, initiated on October 30, 2024, has reached 1.3014% of the company's total share capital as of March 31, 2025. The company has repurchased 14.58 million shares through centralized bidding at prices ranging from CNY 6.37 to CNY 7.28 per share, for a total expenditure of CNY 99.8544 million, excluding transaction costs. The repurchase is intended for employee stock ownership or equity incentive plans. Jinyu Bio-Technology affirmed its commitment to complying with regulations and will continue to disclose updates on its repurchase activities. The initial plan authorized a repurchase of between CNY 80 million and CNY 160 million.