Nanjing Develop Advanced Manufacturing Co., Ltd. (SHSE:688377) 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 not more than CNY 22 per share. The program will be funded from the company's own funds. The repurchased shares will be used for the implementation of equity incentives. The program will be valid for 12 months.