Pengdu Agriculture & Animal Husbandry Co.,Ltd. (SZSE:002505) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 2.13 per share.

The shares repurchased will be used to safeguard company value and shareholder interests. The program will be valid till 3 months.