Sichuan Yahua Industrial Group Co., Ltd. (SZSE:002497) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 12 per share.

The shares repurchased will be used to safeguard the company's value and shareholders' rights. The program will be funded from company's own funds. The program will be valid for not more than 3 months.