Shanghai Jahwa United Co., Ltd. (SHSE:600315) commences share repurchases on October 29, 2021, under the program mandated by the shareholders in the Extraordinary General Meeting held on September 15, 2021. As per the mandate, the company is authorized to repurchase up to CNY 93.44 million worth of shares. The shares will be repurchased at a price not more than CNY 75.97 per share. The program is valid for 12 months from the shareholders? approval date.