Shandong Bohui Paper Industry Co., Ltd. (SHSE:600966) announces a share repurchase program. Under the program, the company will repurchase up to CNY 2,000 million worth of its common shares. The shares will be repurchased at a purchase price of CNY 24.97 per share.

The purpose of the program is to implement employee stock ownership plans or equity incentive plans. The program will be valid for 12 months.