Jiangxi Jovo Energy Co., Ltd (SHSE:605090) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of shares. The shares will be repurchased at a price not more than CNY 41.65 per share.

Repurchased shares will be used for ESOP or equity incentives. The program will be funded by own funds or self-raised funds. The program is valid until 12 months.