Shandong Linglong Tyre Co.,Ltd. (SHSE:601966) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its A common shares. The shares will be repurchased at a price not more than CNY 20 per share. The company plans to use its own funds to develop the repurchase price. The program will be valid for 12 months.