Chifeng Jilong Gold Mining Co.,Ltd. (SHSE:600988) announces a share repurchase program. Under the program, the company will repurchase up to 20,000,000 shares, representing 1.2% for CNY 300 million. The shares will be repurchased at a price of CNY 18 per share.

The repurchased shares will be used for company's employee stock ownership plan or equity incentive plan. The program will be funded out of the company's own funds. The program is valid for 12 months.

As of June 27, 2023, the company has 1,663,911,378 shares issued and outstanding.