Chenguang Bio: Lu Qingguo intends to use 80 million to 160 million yuan of its own funds to buy back company shares.

Morningstar Biotechnology announced that the company's actual controller, Lu Qingguo, proposed to use its own funds to repurchase some of the company's issued RMB ordinary shares through the Shenzhen Stock Exchange trading system in a centralized bidding trading method. The total amount of funds for repurchasing shares is not less than RMB 80 million and not more than RMB 160 million. The price range for repurchasing shares is not higher than 150% of the average trading price of the company's stock in the 30 trading days before the board of directors' approval of the repurchase resolution.