Chengtun Mining Group Co., Ltd. (SHSE:600711) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 7.87 per share.

Repurchased shares will be used for ESOP or equity incentives. The repurchase program is valid for 12 months.