Beijing Urban Construction Investment & Development Co., Ltd. (SHSE:600266) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 800 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 7 per share. The repurchases will be funded using the company's own funds. The purpose of the program is to maintain the company's value and shareholders' equity. The program will be valid for 3 months.