Zhejiang Century Huatong Group Co.,Ltd (SZSE:002602) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at no more than CNY 8.14 per share.

The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The company plans to use its own funds or self-raised funds for the program. The plan will be valid for 12 months.