Guangzhou Kingmed Diagnostics Group Co., Ltd. (SHSE:603882) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be repurchased at a price not more than CNY 75 per share.

The purpose of repurchase program is implementing equity incentives. The source of fund for the repurchases will be company's own funds. The program will be valid for a period of 12 months.