China Design Group Co., Ltd. (SHSE:603018) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of shares. The shares will be repurchased at a price of not more than CNY 11 per share.

The shares purchased will be used for the company's equity incentive plan or employee stock ownership plans . The program will be funded out of the company's own and self-raised funds. The program will be valid for 8 months.