Dazhong Transportation (Group) Co., Ltd. (SHSE:600611) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price of CNY 3.96 per share.

The shares repurchased will be used for ESOP. The program will be funded from company's own funds. The program is valid for 12 months.