Guangzhou Wondfo Biotech Co.,Ltd (SZSE:300482) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 43.06 per share.

The company will use its own funds to repurchase company shares and use them all for employee stock ownership plans or equity incentives. The program will be valid for 6 months.