Aeolus Tyre Co., Ltd. (SHSE:600469) 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 a price not more than CNY 4.5 per share. The shares repurchases will be used for ESOP, equity incentives plan, shares for the conversion of the company's convertible bonds, or to maintain company value and shareholders’ equity. The program will be valid for 6 months.