Zhengyuan Zhihui Group Co.,Ltd. (SZSE:300645) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The shares will be repurchased at a price not more than CNY 20 per share.

The repurchased share will be used for employee stock ownership plan and equity incentives. The company plans to use its own funds to repurchase its shares. The program will be valid for a period of 3 months.