Sinoseal Holding Co.,Ltd. (SZSE:300470) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 45 per share.

The program will be funded using the company's own funds. The repurchased shares will be used for the implementation of the employee stock ownership plan or equity excitation. The program will be valid for a period of 12 months.