CDBIO Chairman proposes to repurchase company shares worth 10 million to 20 million yuan
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According to the Zhitong Finance APP, CDBIO announced that based on a strong confidence in the company's long-term development strategy and a full recognition of its intrinsic value, the company's chairman, Mr. Li Ning, proposed that the company repurchase a portion of its shares through centralized bidding trading, to be used for implementing an employee stock ownership plan or equity incentive at an appropriate time in the future. The total amount of funds for this repurchase will not be less than RMB 10 million (inclusive) and will not exceed RMB 20 million (inclusive)
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