Changzhou Langbo Sealing Technologies Co.,Ltd. (SHSE:603655) announces a share repurchase program. Under the program, the company will repurchase up to CNY 15 million worth of its A shares. The shares will be repurchased at a price not more than CNY 13.88 per share.

The purpose of repurchase program is to maintain company value and shareholder rights. The authorization will be valid for a period of 3 months.