Hebei Gongda Keya Energy Technology Co.,Ltd. (SZSE:301197) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 19 per share.

The repurchased shares will be used for equity incentive plan or employee stock ownership plan, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 12 months.