Junhe Pumps Holding Co.,Ltd (SHSE:603617) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 13.99 per share.

Shares repurchased will be used for ESOP or equity incentives. The repurchase period will be not more than 12 months.