Guiyang Xintian Pharmaceutical Co.,Ltd. (SZSE:002873) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its common stock. The shares will be repurchased at a price not more than CNY 12 per share.

The purpose of the program is to maintain company value and shareholder rights. The source of funds for the increased share repurchase will be from the company?s own funds and self-raised funds. The program will be valid for 3 months.