---
title: "ANDON HEALTH plans to spend 300 million to 600 million yuan for share repurchase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260893762.md"
description: "ANDON HEALTH announced plans to repurchase part of the public shares through the secondary market, with a total repurchase amount between 300 million and 600 million yuan, and the repurchase price not exceeding 53.5 yuan per share. This repurchase aims to maintain the company's value and protect shareholder rights, with a duration of no more than 3 months from the date of approval by the board of directors. The company has obtained a loan commitment letter, with a special loan amount not exceeding 500 million yuan and a borrowing period not exceeding 36 months"
datetime: "2025-10-13T12:13:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260893762.md)
  - [en](https://longbridge.com/en/news/260893762.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260893762.md)
---

# ANDON HEALTH plans to spend 300 million to 600 million yuan for share repurchase

According to the Zhitong Finance APP, ANDON HEALTH (002432.SZ) announced that the company plans to use its own funds and special loan funds for repurchase to buy back a portion of its publicly held shares through centralized bidding on the secondary market. The total amount of funds for this repurchase will not be less than 300 million yuan (inclusive) and not exceed 600 million yuan (inclusive). The price for the repurchased shares will not exceed 53.5 yuan per share (inclusive).

The repurchased shares will be used to maintain the company's value and shareholder rights for sale. The repurchase plan is within the authority of the board of directors and does not need to be submitted for shareholder meeting approval. The implementation period for the repurchase is no more than 3 months from the date the board of directors approves the final repurchase plan.

As of the date of this announcement, the company has obtained a "Loan Commitment Letter" issued by the Tianjin Branch of Shanghai Pudong Development Bank Co., Ltd., with the special loan amount for this repurchase not exceeding 500 million yuan, and not exceeding 90% of the total amount of this repurchase transaction, with a borrowing period of no more than 36 months

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