Hubei Fuxing Science and Technology Co.,Ltd (SZSE:000926) announces a share repurchase program. Under the program, the company will repurchase 40,000,000 A shares, for CNY 160 million at a price of not more than CNY 4 per share. The purpose of the program is implementation of employee shareholding plan or as equity incentive.

The program is valid for 6 months.