Jinyuan EP Co., Ltd. (SZSE:000546) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 20.84 per share.

The shares purchased will be used for the company's equity incentives or employee stock ownership plans. The program will be valid till 12 months from the date when the board of directors considers and approves the share repurchase plan.