Gelonghui, April 24, 丨 Pharmacist Gang (09885.HK) issued an announcement. On April 24, 2024, according to the trust arrangement between the company and the trust agency, the trustee bought back 100,000 shares of the company on the market to meet the rewards granted under the share incentive plan. The total cost was HK$821,186, with an average price of HK$8.21 per share.

Under the share incentive plan, the company may direct the trustee to make further repurchases of additional shares, and from time to time publish separate voluntary announcements regarding the relevant repurchases.

The board of directors believes that the company's current share price is below its intrinsic value and may not fully reflect the company's business prospects, so this provides a good opportunity for the trustee to buy back the company's shares in the market to supplement the trust fund. At the same time, repurchasing shares according to the share incentive plan shows the company's confidence in its business outlook and prospects, and can also be part of a strategy to attract talents and promote the interests of key employees to agree with the interests of the company, and promote the long-term sustainable growth of the Group. As the largest digital integrated service platform for the Chinese out-of-hospital pharmaceutical industry, the company will continue to promote the healthy development of the industry and better carry out the mission of making good medicine accessible through the company's efficient Internet pharmaceutical distribution network and medical technology innovation methods with the rapid development of the Internet medical industry.