Glodon Company Limited (SZSE:002410) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its Class A shares. The shares will be purchased at a price not exceeding CNY 80 per share. The repurchases will be funded from the company's own funds. The repurchased shares will be used for equity incentive plans or employee stock ownership plans. The program will be valid for 12 months.