Jiangsu Sidike New Materials Science & Technology Co., Ltd. (SZSE:300806) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 27 per share.

Shares repurchased will be used for the implementation of employee stock ownership plans or equity incentives. The source of funds for repurchases is company's own funds. The program will be valid for 6 months.