Summary by Futu AI
China Biopharmaceuticals Limited (“China Biopharmaceuticals”) filed a next-day disclosure report on April 16, 2024, disclosing the repurchase of the Company's shares. According to the report, China Biopharmaceuticals repurchased 5,000,000 shares of ordinary shares on the same day, representing 0.027% of its shares issued prior to the repurchase. The repurchased shares were priced at HK$2.54 per share, with a total cost of HK$12,700,000. After the share buyback, the issued share capital of the company remained at 18,801,217,230 shares. The Company confirms that this share repurchase complies with the relevant requirements of the Listing Rules of the Stock Exchange of Hong Kong Limited and that all necessary legal documents have been formally archived. In addition, since the adoption of the Ordinary Resolution, the company has repurchased a total of 13,000,000 shares on the Hong Kong Stock Exchange, representing 0.069% of the issued shares.