JiangSu JiuWu Hi-Tech Co., Ltd. (SZSE:300631) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The repurchase price will not be more than CNY 38 per share.

The shares repurchased ill be used for ESOP or equity incentives. The program is valid for 6 months.