Chongqing Sulian Plastic Co.,Ltd. (SZSE:301397) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The repurchase price will not more than CNY 56.69 per Share.

The repurchased shares will be used for employee stock ownership plans or equity incentives. The repurchases will be funded using part of company's super-raised funds. The repurchase period will be not more than 12 months.