Yueyang Forest & Paper Co., Ltd. (SHSE:600963) commences share repurchases on September 22, 2023 under the program mandated by the shareholders in the Extraordinary General Meeting held on July 21, 2023. As per the mandate, the company is authorized to repurchase not more than CNY 100 million worth of its own shares. The shares will be repurchased at a price of CNY 10.24 per share.

The plan will be valid for 12 months from the shareholders' meeting.