Beijing Kingee Culture Development Co., Ltd. (SZSE:002721) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its class A shares. The shares will be purchased at a price not more than CNY 4.98 per share. The shares will be financed through company's own funds. The purpose of the program is to implement equity incentive plans or employee stock ownership plans. The repurchase program will be valid for 6 months.