Jointown Pharmaceutical Group Co., Ltd. (SHSE:600998) announces a share repurchase program. Under the program, the company will repurchase up to a maximum of CNY 600 million worth of its shares. The shares will be repurchased at a price not more than CNY 26.80 per share. The program will be funded from company's own funds. The repurchased shares will be used for future company management level and core staff to implement employee stock ownership plans. The program will be valid for six months.