KBC Corporation, Ltd. (SHSE:688598) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of CNY 120 per share.

The repurchased shares will be used to cancel and reduce the registered capital in accordance with the law. The program will be valid for a period of 3 months.