Mingde Biotech planea recomprar acciones de la empresa por 100 millones a 200 millones de yuan

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Beijing Business Daily (记者 Ding Ning) reported that on the evening of March 23, Mingde Bio (002932) announced that the company will repurchase its shares through centralized bidding trading, with a total amount not exceeding 200 million yuan and not less than 100 million yuan.

Mingde Bio stated that the purpose of the share repurchase is based on confidence in the company’s future development prospects and high recognition of the company’s value. To protect the interests of investors and enhance investor confidence, the repurchased shares will be used to maintain the company’s value and shareholders’ rights and interests.

It is worth mentioning that on March 23, Mingde Bio experienced a daily limit-down of “one” character.

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