Bairen Medical (688198.SH) plans to repurchase company shares worth 50 million to 100 million yuan.

Smart Finance and Economics APP News, Bairen Medical (688198.SH) announced that the company plans to repurchase some of the RMB ordinary shares (A shares) issued through centralized bidding. The repurchased shares will be used for employee stock ownership plans or equity incentives. The repurchase amount is not less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive). The repurchase price per share does not exceed RMB 139.05 (inclusive).