Jinzai Food Group Co.,Ltd. (SZSE:003000) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The shares will be repurchased at a price not more than CNY 16 per share.

The purpose of the program is to use shares repurchased for ESOP or equity incentives. The plan will be valid for 12 months.