Ningbo Bohui Chemical Technology Co.,Ltd (SZSE:300839) commences share repurchases on April 26, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on February 21, 2024. As per the mandate, the company is authorized to repurchase to repurchase CNY 100 million worth of its common shares. The shares will be repurchased at a price of not more than CNY 19 per share.

The purpose of the program is to safeguard the interests of all investors and enhance investors' confidence in the company. All shares repurchased will be canceled and the company's registered capital will be reduced accordingly. The program will be funded out of the company's own or self-raised funds.

The program will be valid till 12 months from the date of approval by shareholders.