C&S Paper Co.,Ltd (SZSE:002511) announces a share repurchase program. Under the program, the company will repurchase up to CNY 360 million worth of shares. The shares will be repurchased at a price not exceeding CNY 31.515 per share. The purpose of the share repurchases will be used for equity incentive plans or employee stock ownership plans. The shares will be repurchased from company's own funds. The program is valid for 12 months.