Silvery Dragon Prestressed Materials Co.,LTD Tianjin (SHSE:603969) announces a share repurchase program. Under the program, the company will repurchase up to CNY 27.50 million worth of its A shares. The shares repurchased at a price of CNY 5.50 per share.

The repurchased shares will be used for equity incentives. The program is valid for 6 months.