Gansu Mogao Industrial Development Co.,Ltd (SHSE:600543) announces a share repurchase program. Under the program, the company will repurchase up to 2% of the company?s total issued A shares. The shares will be repurchased at a price not more than CNY 6 per share.

The shares repurchased will be used for sale. The funds for the repurchases are the company's own funds. The program will be valid for a period of 3 months.