Beijing Hualian Department Store Co., Ltd (SZSE:000882) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be repurchased at a price not more than CNY 1.83 per share.

The purpose of repurchase program is to maintain company value and shareholders? equity. The repurchase will be funded from company's own funds.

The authorization will be valid for a period of 3 months.