HyUnion Holding Co.,Ltd (SZSE:002537) announces a share repurchase program. Under the program, the company will repurchase up to CNY 600 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 9 per share.

The company plans to use its own funds to repurchase its shares. The shares repurchased will be used to implement employee stock ownership plans or equity incentive plans. The program will be valid for a period of 12 months.