Progress Announcement on Share Buyback by Sanor Bio-Sensing Co., Ltd.
Sanor Bio-Sensing Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
The Company held its third meeting of the sixth Board of Directors on March 27, 2026, and the first extraordinary general meeting of shareholders on April 13, 2026, to review and approve the proposal on the share buyback plan. The Company agreed to use its own funds or self-raised funds to repurchase shares through centralized bidding, for the purpose of cancellation and reduction of registered capital. The total amount for the buyback will not be less than RMB 150 million and not exceed RMB 300 million (inclusive), with a buyback price not exceeding RMB 25.00 per share (inclusive). The implementation period for the buyback is within 12 months from the date of approval by the general meeting of shareholders.