Fsilon Furnishing and Construction Materials Corporation (SHSE:605318) commences share repurchases on September 22, 2021, under the program mandated by the shareholders in the General Meeting held on September 22, 2021. As per the mandate, the company is authorized to repurchase up to 4,500,000 shares. The shares will be purchased at a price not exceeding CNY 20 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan, otherwise will be cancelled thereby reducing the registered capital. The repurchase program is valid for a period of 12 months from shareholders' approval.