Zhejiang Huge Leaf Co., Ltd. (SHSE:600226) commences share repurchases on January 9, 2019, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 21, 2018. As per the mandate, the company is authorized to repurchase up to 65,189,000 shares, representing 2.08% of its share capital for CNY 500 million. The shares will be repurchased at a price not exceeding CNY 7.67 per share. The company plans to use its own funds to develop the repurchase price. The repurchase program will be valid for 6 months from the date of approval of shareholders meeting.