Hangzhou Alltest Biotech Co., Ltd. (SHSE:688606) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 60 per share.

The shares purchased will be used for employee shareholding and/ or equity incentive plan. The shares will be repurchased with the company?s excess raised funds. The program will be valid for a period of 12 months.