Xinjiang Tianrun Dairy Co., Ltd. (SHSE:600419) announces a share repurchase program. Under the program, the company will repurchase up to 4,800,000 A shares. The shares will be repurchased at a price not more than CNY 15 per share.

The repurchased shares are intended to be used for the implementation of employee stock ownership plans or equity incentives. The company will use its own funds to repurchase its shares. The program will be valid for a period of 12 months.