International Medicine (000516) announced a share repurchase announcement on May 21blockchainmultiplayergame, the company plans to complete this company's share repurchase plan from May 21, 2024 to May 20, 2025, and the repurchase price will not exceed 9blockchainmultiplayergame. 16 yuan/share, and the total repurchase amount shall not exceed RMB 150.000 million. If the repurchase is in full and calculated based on the upper limit of the total repurchase amount and the upper limit of the repurchase share price, it is estimated that the number of shares that can be repurchased will not exceed 16.3755 million shares. The maximum number of shares to be repurchased will account for 0.72% of the company's total share capital. The specific number of shares to be repurchased shall be based on the actual number of shares repurchased when the repurchase expires or the repurchase is terminated.

The announcement stated that based on its firm confidence in the intrinsic investment value and future development prospects, and comprehensively considering the current operating conditions, financial conditions and other factors, the company plans to use its own funds to repurchase the issued RMB ordinary shares (A shares) in a centralized bidding transaction. All the repurchased shares will be used for cancellation to reduce the company's registered capital.