Zhejiang Youpon Integrated Ceiling Co.,Ltd. (SZSE:002718) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The repurchase price will not more than CNY 20 per Share.

The repurchased shares will be used for employee stock ownership plan or equity incentives and maintaining company value and shareholders? equity.The repurchase period will be not more than 12 months.