ENN Ecological Holdings Co.,Ltd. (SHSE:600803) commences share repurchases on December 20, 2018 under the program mandated by the shareholders in the Extraordinary Shareholders' Meeting held on December 13, 2018. As per the mandate, the company is authorized to repurchase class A shares, for not more than CNY 200 million. The shares will be purchased at a price not more than CNY 15 per share. The repurchased shares will be used for implementing equity incentives plan. The repurchase program is valid for a period of 6 months from shareholders' approval.