Shanghai Medicilon Inc. announced on the evening of October 30th that the actual controlling shareholder and chairman, Jinzhang Chen; the actual controlling shareholder, director, and general manager CHUN-LIN CHEN proposed to repurchase company shares for 50 million to 0.1 billion yuan, for stock-based incentives, employee stock ownership plans, or cancellation and reduction of the company's registered capital.
美迪西：实控人提议5000万元—1亿元回购公司股份
Shanghai Medicilon Inc.: The controlling shareholder proposes to repurchase company shares for 50 million to 0.1 billion yuan.
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