Markor International Home Furnishings Co., Ltd. (SHSE:600337) 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 purchased at a price not exceeding CNY 4.12 per share.

The repurchased shares will be used for implementation of employee shareholding plan, equity incentive or conversion of corporate bonds convertible to stocks issued by the listed company. The program will be valid for 12 months.