Himile Mechanical Science and Technology (Shandong) Co., Ltd (SZSE:002595) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 25 per share.

The repurchased shares will be used for ESOP or equity incentives. The program will be valid for 12 months.