Guangxi Hechi Chemical Co., Ltd (SZSE:000953) announces a share repurchase program. Under the program, the company will repurchase up to CNY 25 million worth of its shares. The shares will be repurchased at no more than CNY 3 per share.

The purpose of the program is to maintain the company's value and shareholders' rights and interests. The repurchased shares will be sold. The shares that cannot be sold within 36 months of completion of the program will be cancelled.

The program will be funded from company's own funds. The plan will be valid for 3 months.