Hebei Huijin Electromechanical Co., Ltd. (SZSE:300368) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 50 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 18 per share. The repurchased shares will be used to implement the company's employee stock ownership plan or equity incentive plan and the unused shares will be cancelled. The shares will be repurchased out of own funds of the company. The plan will be valid for 12 months.