Pulike Biological Engineering, Inc. (SHSE:603566) ) announces a share repurchase program. Under the program, the company will repurchase up to CNY 120 million worth of its shares. The shares will be repurchased at a price of CNY 30 per share.

The repurchases will be sourced from company?s own funds: The shares will be repurchased for equity incentives and/or employee stock ownership plans. The program will be valid for 12 months.