Yixintang announced that the company recently accepted an interview with the National Medical Insurance Administration and will submit a rectification report to the Fund Management Department of the National Medical Insurance Administration before June 30, 2024. On the same day, it was announced that the actual controller and chairman, Ruan Hongxian, proposed that the company intends to use its own funds to repurchase company shares through centralized bidding, for share cancellation or to use the repurchased shares for employee stock ownership plans or equity incentives at an appropriate time in the future. The total amount of repurchase funds shall not be less than RMB 80 million and shall not exceed RMB 150 million (all inclusive).
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