Anhui Huamao Textile Co., Ltd. (SZSE:000850) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 5 per share.

The repurchased share will be used to maintain the company's value and necessary for shareholders' equity. The company plans to use its own funds to repurchase its shares. The program will be valid for a period of 3 months.