China Kings Resources Group Co.,Ltd. (SHSE:603505) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of shares. The shares will be repurchased at a price of not more than CNY 57 per share.

The shares purchased will be used for the company's equity incentive plans or ESOP. The program will be valid for 6 months from the date of board's approval.