JiShi Media Co., Ltd. (SHSE:601929) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 1.7 per share.

The purpose of repurchase program is to maintain company value and shareholders? equity. The program will be funded from company's own funds.

The program will be valid for 3 months.