Zhende Medical Co., Ltd. (SHSE:603301) announces a share repurchase program. Under the program, the company will repurchase up to CNY 160 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 90 per share. The repurchased shares will be used for equity incentives. The shares will be repurchased out of own funds of the company. The plan will be valid for 12 months.