Guangdong Yuehai Feeds Group Co.,Ltd. (SZSE:001313) announces a share repurchase program. Under the program, the company will repurchase up to 12,000,000 shares. The shares will be purchased at a price not exceeding CNY 12 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 12 months.