Anhui Korrun Co., Ltd. (SZSE:300577) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth its A shares. The shares will be repurchased at a price of CNY 29.9 per share.

The program will be funded out of the company's own funds. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentive plan. The program is valid for a period of 12 months.