Shandong Nanshan Aluminium Co., Ltd. (SHSE:600219) commences share repurchases on December 15, 2021, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 15, 2021. As per the mandate, the company is authorized to repurchase class A shares for not more than CNY 1,600 million. The shares will be purchased at a price not exceeding CNY 6 per share.

The repurchase will be funded from company's own or self-raised funds. The repurchase program is valid for a period of 12 months from shareholders' approval.