Beijing Hotgen Biotech Co., Ltd. (SHSE:688068) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 98.11 per share.

The shares purchased will be used for the company's equity incentive plan or ESOP. The source of funds for the share repurchase is the company's own funds. The program will be valid till 12 months.