Hubei Dinglong CO.,Ltd. (SZSE:300054) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 30 per share.

The purpose of the program is to use the repurchased shares for ESOP or equity incentives. The program is valid for a period of 3 months.