Founder Securities Co., Ltd. (SHSE:601901) commences share repurchases on December 25, 2018, under the program mandated by the shareholders in the Annual General Meeting held on November 9, 2018. As per the mandate, the company is authorized to repurchase up to CNY 100 million worth of its shares.. The repurchase price will not exceed CNY 6 per share. The plan is valid for 6 months from the date of shareholders' approval.