Guilin Layn Natural Ingredients Corp. (SZSE:002166) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its class A shares.

The shares will be repurchased at no more than CNY 8.50 per share. The purpose of the program is to use the repurchased shares to implement equity incentive plans or employee stock ownership plans. The program will be funded from company's own or self-raised funds.

The program will be valid for 12 months.