New Hope Liuhe Co., Ltd. (SZSE:000876) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its class A shares. The shares will be repurchased at a purchase price of CNY 34.40 per share. The program will be funded from company's own funds and other funds that meet the requirements of regulatory policies and regulations. The shares repurchased will be used for employee stock ownership plans or stock incentives. The program will be valid for 12 months.