Anzheng Fashion Group Co., Ltd. (SHSE:603839) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The shares will be repurchased at a price of CNY 12.23 per share.

The shares repurchased will be used for equity incentives and employee stock ownership plans. The program will be funded from company's own funds. The program will be valid for a period of 12 months.