CCS Supply Chain Management Co., Ltd. (SHSE:600180) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 9.5 per share.

The purpose of the repurchases program is to promote the reasonable return of the company's stock value, effectively protect the legitimate rights and interests of all shareholders, reflect the confidence in the company's future development prospects and the recognition of the company's value. The repurchased shares will be sold in a centralized bidding transaction 12 months after the announcement of the repurchase results and share change announcement. The shares will be repurchased out of own funds of the company.

The plan will be valid for 3 months.