Qinhuangdao Tianqin Equipment Manufacturing Co.,Ltd. (SZSE:300922) announces a share repurchase program. Under the program, the company will repurchase up to CNY 24 million worth of its shares. The shares will be repurchased at no more than CNY 16.5 per share.

The purpose of the program is to safeguard the company's value and shareholders' rights. If the repurchased shares failed to be sold, it will be cancelled. The program will be funded from company's own funds.

The plan will be valid for 2 months.