Haibo Heavy Engineering Science and Technology Co., Ltd. (SZSE:300517) announces a share repurchase program. Under the program, the company will repurchase up to its A shares for a total of CNY 40 million. The shares will be purchased at a price not exceeding CNY 15.58 per share.

The purpose of the program is to maintain the company value and shareholders? equity. The program will be valid for 3 months.