300957SZSE

Announcement on the First Share Buyback by Yunnan Betaini Biotechnology Group Co., Ltd.

✨ AI Summary

Yunnan Betaini Biotechnology Group Co., Ltd. announced its first share buyback on June 4, 2026, purchasing 145,900 shares at a total cost of approximately RMB 4.98 million. The buyback aims to support employee incentive plans and will use funds between RMB 100 million and 200 million. The maximum buyback price was adjusted to RMB 57.69 per share following the company's annual equity distribution.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code: 300957

Securities Abbreviation: Betaini

Announcement Number: 2026-038

The company and all members of the board of directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Yunnan Betaini Biotechnology Group Co., Ltd. (hereinafter referred to as "the Company") held the fifth meeting of the third board of directors on April 23, 2026, where it reviewed and approved the proposal on the share buyback plan. The Company agreed to use its own funds or self-raised funds to repurchase its shares through centralized bidding (hereinafter referred to as "this buyback"). The repurchased shares will be used entirely for implementing the equity incentive plan or employee stock ownership plan. The total amount for this buyback will not be less than RMB 100 million (inclusive) and will not exceed RMB 200 million (inclusive), with a buyback price not exceeding RMB 58.04 per share (inclusive). The implementation period for the buyback of shares is within 12 months from the date of the board's approval of the buyback plan. For specific details, please refer to the announcements disclosed by the Company on April 27, 2026, and April 29, 2026, on the Giant Tide Information Network regarding the share buyback plan (Announcement Number: 2026-017) and the buyback report (Announcement Number: 2026-029).

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.