Pharmaron Beijing Co., Ltd. (SZSE:300759) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 31 per share.

The A Shares repurchased will all be cancelled and the Company?s registered capital will be reduced accordingly. The purpose of the program is to enhance investor?s confidence, and comprehensively taking into account the Company?s financial conditions, future development and reasonable valuation levels. The program will be funded out of the company's own funds.

The program will be valid till 3 months.