Blue Sail Medical Co.,Ltd. (SZSE:002382) commences a share repurchases on March 15, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on March 11, 2024. As per the mandate, the company is authorized to repurchase up to 50million worth of its shares. The shares will be repurchased at a price not more than CNY 8.60 per share.

The purpose of the program is to maintain the company's value and shareholder rights. The funds for the repurchases are the company's own funds. The program will be valid for a period of 3 months.