Beijing Hotgen Biotech Co., Ltd. (SHSE:688068) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 53 per share.

The purpose of the program is to protect the company's value and shareholders' rights. The source of funds for the share repurchase is the company's own funds. The program will be valid till 3 months.