New Hua Du Supercenter Co.,Ltd. (SZSE:002264) announces a share repurchase program. Under the program, the company will repurchase up to CNY 51 million worth of its shares. The shares will be repurchased at a price not more than CNY 9.33 per share.

The purpose of repurchase program is to implement the company’s ESOP or equity incentive plans. The repurchase program is valid for a period of 12 months.