Zhejiang Jingu Company Limited (SZSE:002488) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The repurchase price will not more than CNY 7.85 per Share.

The repurchased shares will be used for employee stock ownership plans or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 6 months.