Ken Holding Co., Ltd. (SZSE:300126) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares for CNY 37.5 million of its Class A shares. The shares will be repurchased at no more than CNY 7.5 per share.

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