Juewei Food Co., Ltd. (SHSE:603517) 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 not more than CNY 50 per share.

The shares purchased will be used to reduce the company?s registered capital. The program will be valid till 12 months from approval of board.