Sichuan Hebang Biotechnology Corporation Limited (SHSE:603077) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 3.48 per share.

The repurchased shares will be used to maintain company value and shareholder rights. The program will be funded from company's own funds. The program will be valid for 3 months.