Tianjin Ringpu Bio-Technology Co.,Ltd. (SZSE:300119) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 80 million worth of its 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 3 months.