CANSINOBIO (06185) announced that, in accordance with the Company Law of the People's Republic of China, the Rules on Share Repurchases by Listed Companies, the Shanghai Stock Exchange's Self-Regulatory Guidelines for Listed Companies No. 7—Share Repurchases, and the company's articles of association, repurchased shares intended for employee stock ownership or equity incentive plans must be transferred as disclosed within three years of completion of the repurchase. If not transferred as disclosed, the shares must be canceled before the three-year deadline expires. Since the company has not utilized all repurchased shares for employee stock ownership or equity incentive plans before the deadline, it will cancel all 406,100 shares held in the special repurchase securities account and reduce its registered capital accordingly.