Lionco Pharmaceutical Group Co.,Ltd. (SHSE:603669) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 60 million worth of its shares. The shares will be repurchased at a price of not more than CNY 12.6 per share.

The shares will be repurchased out of own funds of the company or self-raised funds. The plan will be valid for 12 months.