Lanhai Medical Investment Co., Ltd. commences an Equity Buyback Plan for 10,000,000 shares, representing 1.15% for CNY 50 million, under the authorization approved on October 12, 2018.

Lanhai Medical Investment Co., Ltd. (SHSE:600896) commences share repurchases on October 27, 2018, under the program mandated by the shareholders in the Annual General Meeting held on October 12, 2018. As per the mandate, the company is authorized to repurchase up to 10,000,000 shares, representing 1.15% of its issued share capital for CNY 50 million. The repurchased price per share will not exceed CNY 7 per share.