Zhejiang Jiuli Hi-Tech Metals Co., Ltd. (SZSE:002318) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its A shares. The shares will be repurchased at a price not more than CNY 15 per share. The repurchased shares will be used for employee stock ownership plans or stock incentives. The source of funds is the company's own funds. The program will be valid for 12 months from the date of approval.