ZhenDe Medical: Intends to repurchase 615,667 shares of the company's unlocked shares.

On the evening of July 23, Zhende Medical announced that the third unlocking period of the first phase of the employee stock ownership plan has expired on July 2, 2024. The company's performance indicators at the corporate level were not achieved, and the corresponding shares cannot be unlocked. As of the date of this announcement, the employee stock ownership plan account holds 615,700 shares of the company, accounting for 0.23% of the total share capital. After deliberation, the duration of the employee stock ownership plan will be extended for 6 months, until January 2, 2026. The company intends to repurchase the 615,667 shares of the company's stock that were not unlocked in the first phase of the employee stock ownership plan at the agreed price. The funds for this repurchase will come from the company's own funds. The repurchase of the unlocked shares will not have any adverse impact on the company's financial condition, operating results, and future development.