Anhui Xinhua Media Co., Ltd. (SHSE:601801) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its shares. The shares will be purchased at a price not exceeding CNY 8.5 per share.

The purpose of the program is to fully safeguard the interests of investors, enhance investor confidence, and enhance the long-term investment value of the company's stocks, the company's financial status and future development. The repurchased shares will be cancelled and reduce the company?s registered capital. The program will be funded from company's own funds.

The program will be valid for 12 months.