Xiangyu Medical Co.,Ltd (SHSE:688626) announces a share repurchase program. Under the program, the company will repurchase CNY 160 million worth of its shares. The shares will be purchased at a price not exceeding CNY 65 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan, or for the company?s convertible bonds. The repurchase program is valid for 12 months.