Shenzhen Kangtai Biological Products Co., Ltd. (SZSE:300601) commences a share repurchases on September 21, 2022, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 14, 2022. As per the mandate, the company is authorized to repurchase up to up to CNY 200 million worth of shares. The shares will be repurchased at a price not more than CNY 55 per share.

The company will use its own funds to repurchase its shares. The shares repurchased will be used cancellation and reduction of registered capital. The program is valid for 6 months.