Nantong Jianghai Capacitor Co. Ltd. (SZSE:002484) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares.

The repurchase price will not be more than CNY 20 per share. The repurchased shares will be used for equity incentive plan or employee stock ownership plan. Repurchases will be funded using company?s own funds.

The program is valid for 12 months.