Joinn Laboratories(China)Co.,Ltd. (SHSE:603127) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its Class A shares. The shares will be repurchased at CNY 28.10 per share.

The purpose of the program is to use the repurchased shares for equity incentives or ESOP. The plan will be valid for 12 months.