Juneyao Airlines Co., Ltd (SHSE:603885) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 10 per share. The repurchased shares will be used for employee stock ownership plan. The shares will be repurchased out of own funds of the company. The plan will be valid for 12 months.