Anhui Anli Material Technology Co., Ltd. (SZSE:300218) announces a share repurchase program. Under program, the company will repurchase up to CNY 30 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 13 per share.

Repurchased shares will be used to implement employee stock ownership plans or equity incentives. The company has planned to use its own funds to repurchase part of the company's public shares. The program will be valid for 12 months.