Hangzhou Coco Healthcare Products Co.,Ltd. (SZSE:301009) 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 purchased at a price not exceeding CNY 13 per share.

The repurchased shares will be used for the employee?s equity incentive plan or equity incentives. The program will be funded from company's own funds. The program will be valid for 12 months.