Zhejiang AngLiKang Pharmaceutical CO.,LTD. (SZSE:002940) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be repurchased at a price not exceeding CNY 28 per share.

The shares repurchased will be used for subsequent employee stock ownership plans or equity incentives, If the company fails to implement within three years after the completion of the share repurchase, the unused portion will be canceled. The company intends to use its own funds to repurchase shares. The repurchase program will be valid for 12 months.