Jinyu Bio-technology Co., Ltd. (SHSE:600201) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The shares will be repurchased at a price of CNY 18 per share. The repurchases will be funded from company's own funds. The purpose of the share repurchases is to use in the company's equity incentive plan. The repurchase plan is valid for 12 months.

On July 13, 2022, the company announced that it has adjusted its repurchase price to CNY 17.89 per share.

On February 27, 2023, the company approved changing the use of repurchased shares from equity incentives to ESOP or equity incentives.