KraussMaffei Company Limited (SHSE:600579) commences a share repurchases on September 23, 2022, under the program mandated by the shareholders in the Annual General Meeting held on June 29, 2022. Under the program, the company will repurchase up to 845,722 shares. The shares will be repurchased at a price not more than CNY 9.21 per shares.

The program will expire on December 30, 2022.