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 shares. The shares will be repurchased at a price not more than CNY 20 per share.

The program will be funded from the company's own funds. The repurchased shares will be used for equity incentives or employee stock ownership plans. The program will be valid for 6 months.