Bestore Co.,Ltd. (SHSE:603719) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of shares. The shares will be repurchased at a price of CNY 69.85 per share.

The repurchased shares will be used to implement employee stock ownership plans or equity incentive plans. The company will use its own funds for the program. The program is valid for 6 months from the date of approval of the board.