Shandong Xinjufeng Technology Packaging Co., Ltd. (SZSE:301296) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be repurchased at a price not more than CNY 12 per share.

The purpose of the program is to safeguard the company's value and shareholders' rights. The program will be valid for a period of 3 months.