Anhui Jianghuai Automobile Group Corp.,Ltd. (SHSE:600418) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its class A common stock. The shares will be repurchased at a purchase price of CNY 64 per share.

The program will be sourced from own funds. The purpose of the program is to maintain the company?s value and shareholder rights. The shares will be cancelled.

The program is subject to shareholders approval. The program will be valid for 3 months from the Company's Shareholders? Approval Date.