Sichuan Swellfun Co.,Ltd (SHSE:600779) announces a share repurchase program. Under the program, the company will repurchase up to CNY 68.22 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 90 per share.

The shares purchased will be used for the company's employee stock ownership plan. The program will be funded out of the company's self-raised funds. The program will be valid till earlier of 12 months from the date approval by the Board, or when the repurchase reaches the maximum limit, unless terminated by the Board earlier.