Wens Foodstuff Group Co., Ltd. (SZSE:300498) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,800 million worth of its shares. The shares will be repurchased at a price not more than CNY 27.32 per share. The shares repurchased will be used for ESOP or equity incentives. The plan will be valid for 12 months.

On June 6, 2023, the company announced that after the 2022 profit distribution, the company adjusted the maximum repurchase price from not more than CNY 27.32 per share to not more than CNY 27.12 per share.