HySum Flexibles Global, Inc. (SZSE:300501) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The repurchase price will not more than CNY 19.15 per Share.

The repurchased shares will be used for employee stock ownership plan or equity incentives and to safeguard company value and shareholder rights. The repurchases will be funded using company's own funds or self-raised funds. The repurchase period will be not more than 12 months.