Anhui Huilong Agricultural Means of Production Co.,Ltd. (SZSE:002556) announces a share repurchase program. Under the program, the company will repurchase up to CNY150 million worth of its shares. The shares will be repurchased at a price of not more than CNY 14 per share.

The shares repurchased will be used for ESOP, equity incentives, or for convertible bonds. The authorization will be valid for a period of 6 months.