Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (SZSE:002585) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will repurchased at a price not more than CNY 12 per share. The repurchased shares will be used to implement equity incentives or employee holdings. The company will use its own funds to repurchase its shares. The repurchase program will be valid for 6 months from the date of approval.