Zhejiang Jingxing Paper Joint Stock Co., Ltd. (SZSE:002067) commences share repurchases on June 7, 2024, under the program mandated by the shareholders in the Annual General Meeting held on May 22, 2024. As per the mandate, the company is authorized to repurchase its A shares for a total of CNY 45 million. The purpose of the program is to effectively safeguard the interests of the majority of investors, enhance investor confidence, strengthen shareholder value returns, and promote the company's healthy, stable and sustainable development.

The shares will be purchased at a price not exceeding CNY 4 per share. The repurchased shares will be used for cancellation to reduce the registered capital and will be cancelled within ten days after the repurchase is completed. The program will be funded from company's own funds.

The program will be valid for 6 months from the date of the shareholder's meeting.