Keshun Waterproof Technology Co.,Ltd. (SZSE:300737) announces a share repurchase program. Under the program, the company will repurchase up to CNY 160 million worth of its shares. The shares will be repurchased at a price not more than CNY 16 per share.

The shares repurchased will be used for employee stock ownership plans or equity incentives. The company will repurchase shares from its own funds. The program will be valid for a period of 12 months.