Hengdian Group Tospo Lighting Co., Ltd. (SHSE:603303) announces a share repurchase program. Under the program, the company will repurchase up to CNY 160 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 16 per share.

The repurchased shares will be used for ESOP. The program will be funded from company's own funds. The program will be valid for 12 months.