Deer Medical: Intends to repurchase company shares worth 11-16.5 million yuan.

Deer Medical announced on July 3 that it plans to repurchase company shares, with a total amount of no less than 11 million yuan and no more than 16.5 million yuan. The repurchase price will not exceed 11 yuan per share. The repurchased shares will be used to implement an employee stock ownership plan or equity incentive. The repurchase period will be no more than 12 months from the date the board of directors approves the share repurchase plan.