Microchip Biotech announced that the company plans to repurchase shares through centralized bidding transactions. The repurchase amount is not less than 30 million yuan, no more than 50 million yuan, and the repurchase price is not more than 3498 yuan/share. The estimated number of shares to be repurchased is 857,600 shares to 1,4294 million shares, accounting for 0.19%-0.32% of the company's total share capital. Shares will be repurchased for employee stock ownership plans or share incentives. The repurchase period is within 12 months from the date of review and approval by the board of directors. The company has obtained a special loan commitment letter of up to 45 million yuan from China Merchants Bank Shenzhen Branch for share repurchase. As of the disclosure date of the announcement, shareholders, directors, supervisors, controlling shareholders and actual controllers who hold 5% or more of the company's shares have no clear plans to reduce their holdings for the next 3 or 6 months.

Microchip Biotech announced that the company plans to repurchase shares through centralized bidding transactions. The repurchase amount is not less than 30 million yuan, no more than 50 million yuan, and the repurchase price is not more than 3498 yuan/share. The estimated number of shares to be repurchased is 857,600 shares to 1,4294 million shares, accounting for 0.19%-0.32% of the company's total share capital. Shares will be repurchased for employee stock ownership plans or share incentives. The repurchase period is within 12 months from the date of review and approval by the board of directors. The company has obtained a special loan commitment letter of up to 45 million yuan from China Merchants Bank Shenzhen Branch for share repurchase. As of the disclosure date of the announcement, shareholders, directors, supervisors, controlling shareholders and actual controllers who hold 5% or more of the company's shares have no clear plans to reduce their holdings for the next 3 or 6 months.