Jiangshan Oupai Door Industry Co., Ltd (SHSE:603208) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 45.58 per share.

The repurchased shares will be used to convert the corporate bonds issued by the listed company that can be converted into shares, and will be transferred or cancelled within three years after the announcement of the repurchase results. The program will be funded out of the company's own funds. The program will be valid till 12 months.