Sichuan Teway Food Group Co.,Ltd (SHSE:603317) announces a share repurchase program. Under the program, the company will repurchase not more than 4,000,000 shares. The shares will be repurchased at a price not more than CNY 18 per share.

The shares repurchased will be used for ESOP or equity incentives. The program will be valid for not more than 12 months.