Sinotrans Limited (SEHK:598) announces a share repurchase program. Under the program, the company will repurchase up to CNY 299 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 6.06 per share. The program will be funded using the company's own funds. The repurchased shares will be used for the implementation of the equity incentive plan. The program will be valid for a period of 9 months.

On July 7, 2022, the company announced that it has adjusted its repurchase price to CNY 5.88 per share.

On November 10, 2022, the company announced that it has adjusted its repurchase price to CNY 5.78 per share.