111 Inc. Announces Its Co-founders' Strategic Share Purchase and Highlights Continued Growth and Innovation
111, Inc. - American Depositary Shares (YI)
Company Research
Source: PR Newswire
SHANGHAI, Sept. 13, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain of healthcare industry by digitally empowering the upstream and downstream in China, today was informed by co-founders of the Company, Dr. Gang Yu and Mr. Junling Liu, that they have started purchasing shares from time to time from their personal funds during the trading window and intend continue to purchase additional shares. The purchases will be executed on the open market at prevailing market prices, and the co-founders have sole discretion as to how much ADSs they will purchase. The co-founders currently beneficially own 42.7% of the total issued share capital of the Company.Alongside this announcement, 111 has continued to demonstrate strong financial performance, driven by its continuous innovation to strengthen its value. In August, the Company reported operational profitability for the second cons
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YI
News
- A Look At The Fair Value Of 111, Inc. (NASDAQ:YI) [Yahoo! Finance]Yahoo! Finance
- 111, Inc. (YI) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- 111, Inc. Announces Second Quarter 2024 Unaudited Financial ResultsPR Newswire
- 111, Inc. to Participate in Fireside Chat with Water Tower Research on September 5, 2024PR Newswire
- 111 to Announce Second Quarter 2024 Unaudited Financial Results on August 29, 2024 - Conference Call to FollowPR Newswire
YI
Sec Filings
- 8/29/24 - Form 6-K
- 7/19/24 - Form 6-K
- YI's page on the SEC website