Henan Huaying Agricultural Development Co., Ltd. (SZSE:002321) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its Class A shares. The shares will be repurchased at no more than CNY 2.3 per share.

The purpose of the program is to use the repurchased shares to maintain the company's value and necessary shareholder interests. The program will be valid for 3 months.