Hainan Poly Pharm. Co., Ltd (SZSE:300630) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of shares.

The shares will be repurchased at a maximum price of CNY 39 per share. The repurchased shares will be used for employee stock ownership plans or equity incentives. The program is valid for 6 months.