China Northern Rare Earth (Group) High-Tech Co.,Ltd (SHSE:600111) announces a share repurchase program. Under the program, the company will repurchase up to CNY 190 million worth of its shares. The shares will be repurchased at a price of CNY 150 per share. The shares will be repurchased from company's own funds. The purpose of the share repurchases is to used as the source of equity incentive stocks. The program is valid for 12 months. As of November 27, 2019, the company has 3,633,066,000 shares are issued and outstanding.