Shenzhen Glory Medical Co.,Ltd. (SZSE:002551) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 A shares, at an a price not more than CNY 4.29 per share, for CNY 200 million. The repurchased share will be used for employee stock ownership plan and equity incentives.

The funds for the repurchases are the company's own funds. The program will be valid for a period of 3 months.