bustabitcomplay| Yuyue Medical (002223.SZ): Minuo Medical plans to increase capital and share repurchase

editor2024-05-19 18:03:2447

Gelonghui May 19 丨 Yuyue Medical (002223)(002223bustabitcomplay.SZ) announcedbustabitcomplay, the company holds ordinary shares of Amsino Medical Group Company Limited (hereinafter referred to as "Minuo Medical") 11bustabitcomplay, 879,809 shares. Based on the overall development plan and business plan of the joint-stock company Minuo Medical and the company, Minuo Medical plans to increase capital and share repurchase matters in the near future. The specific plans are as follows: (1) Minuo Medical plans to issue Class A preferred shares and introduce external subscribers NTSPV18 (a limited company incorporated in the Cayman Islands under the Cayman Islands Companies Law, hereinafter referred to as the "Subscriber")bustabitcomplay;(2) After the capital increase is completed, Minuo Medical plans to repurchase 11,879,809 shares of Minuo Medical common shares held by Yuyue Medical and 8,629,255 shares of Minuo Medical common shares held by Jiangsu Yuyue Technology Development Co., Ltd., the company's controlling shareholder. After the completion of this share repurchase, Yuyue Medical and Yuyue Technology will no longer hold shares in Minuo Medical.

bustabitcomplay| Yuyue Medical (002223.SZ): Minuo Medical plans to increase capital and share repurchase

On May 18, 2024, the company's board of directors reviewed and approved the proposal on "Signing Share Repurchase Agreements and Related Transactions with Participating Companies", agreed to this share repurchase, and authorized the company's management to sign the "Share Repurchase Agreement", waive the pre-emptive rights documents, termination agreements and related documents, and go through relevant procedures for matters related to this share repurchase.

Yuyue Technology is the controlling shareholder of the company and one of the shareholders of Minuo Medical. It is a company jointly invested by Minuo Medical and the controlling shareholder. Wu Qun, Chairman and General Manager of the Company, Zheng Hong, Director and Deputy General Manager of the Company