ShuYu Civilian Pharmacy Corp., Ltd. (SZSE:301017) 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 18 per Share.

The repurchased shares will be used to safeguard the company's value and shareholders' rights. The repurchases will be funded using company's own funds. The repurchase period will be not more than 3 months.