Shanghai Fullhan Microelectronics Co., Ltd. (SZSE:300613) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The repurchase price will not more than CNY 49 per Share.

The purpose of the program is to safeguard the company's value and shareholders' rights. The repurchased shares will be sold. The repurchases will be funded using company's own funds.

The repurchase period will be not more than 3 months.