Yongtaiyun Chemical Logistics Co.,Ltd (SZSE:001228) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The repurchase price will be CNY 44.53 per share.

The repurchased shares will be used for equity incentives or company employee stock ownership plans. The program will be funded using company's own funds. The implementation period for share repurchase is 12 months.