Guizhou Chitianhua Co.,Ltd. (SHSE:600227) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its A shares. The shares will be repurchased at a price not more than 150% of the average price of the Company?s shares in the 30 trading days prior to the directorate?s resolution.

The purpose of repurchase program is to maintain company value and shareholder equity. The authorization will be valid for a period of 3 months.