Sichuan Chuanhuan Technology Co.,Ltd. (SZSE:300547) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 22.86 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. If the company fails to use the shares for the aforementioned purposes within 36 months after the completion of the share repurchase, the unused portion of the repurchased shares shall be cancelled. The program will be funded from company's own funds.

The program will be valid for 6 months.