Ningbo Fujia Industrial Co., Ltd. (SHSE:603219) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The shares will be repurchased at not more than CNY 20 per share.

The shares repurchased will be used for Equity incentive or ESOP. The company will use its own funds and self-raised funds to repurchase its shares. The program is valid for 12 months.