Anhui Sentai WPC Group Share Co., Ltd. (SZSE:301429) announces a share repurchase program. Under the program, the company will repurchase up to 1,818,181 shares, representing 1.54% of its issued share capital, for CNY 40 million. The repurchase price will not more than CNY 22 per Share.

The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using part of the over-raised funds obtained from the company's initial public offering of CNY ordinary shares. The repurchase period will be not more than 12 months.