Sanyou Medical announced on July 14 that the company's actual controllers Liu Mingyan, Xunong, and Fan Xianglong proposed that the company use 90 million yuan to 180 million yuan of its own capital to buy back some of the company's shares through centralized bidding transactions through the Shanghai Stock Exchange trading system, and use all of them for employee stock ownership plans or equity incentives at an appropriate time in the future.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.