Qinghai Salt Lake Industry Co.,Ltd (SZSE:000792) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,500 million worth of its A shares. The shares will be repurchased at a price not more than CNY 40.62 per share.

The purpose of plan is implementation of employee stock ownership plans or equity incentive plans. The source of funds for the repurchase is the company's own funds. The plan will be valid for 12 months.