Tongqinglou Catering Co., Ltd. (SHSE:605108) announces a share repurchase program. Under the program, the company repurchased CNY 45 million worth of its Class A shares. The price to be paid for repurchase is CNY 45 per share.

The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentives. The plan will be valid for 12 months.