Anhui Huaheng Biotechnology Co., Ltd. (SHSE:688639) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its ordinary shares. The repurchase price should not exceed CNY 133 per share.

The repurchased shares will be used to implement equity incentives. If the company fails to implement equity incentives within three years after the completion of share repurchase, the unimplemented part of the shares will be canceled according to law. The shares will be repurchased from company?s own funds.

The repurchase program is valid for 6 months.