Shandong Hi-Speed Road&Bridge Group Co., Ltd. (SZSE:000498) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 8.63 per share.

The purpose of the program is to maintain company value and shareholder rights. The program will be valid till 3 months.