Chengbang Eco-Environment Co.,Ltd. (SHSE:603316) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million. The shares will be repurchased at a price not exceeding CNY 10.08 per share. The shares repurchased will be used for company's subsequent employee holding plan. The repurchases will be funded using the company's own funds. The repurchase program will be valid for 6 months.