The chairman of Beijing's Xin Pharmaceutical Co., Ltd. (002020.SZ) proposed to repurchase company shares for 100 million to 200 million yuan.

According to the Smart Finance and Economics APP, Jingxin Pharmaceutical Co., Ltd. (002020.SZ) has announced that the actual controller and chairman of the company, Lv Gang, has proposed that the company repurchase some of its shares through centralized bidding to be used for cancellation and reduction of the company's registered capital. The total amount of funds for repurchasing shares shall not be less than 100 million yuan and shall not exceed 200 million yuan.