Tangshan Jidong Cement Co.,Ltd. (SZSE:000401) announces a share repurchase program. Under the program, the company will repurchase CNY 372.12 million worth of its shares. The shares will be purchased at a price not exceeding CNY 14 per share.

The repurchased shares will be used for the implementation of equity incentive plan. The program will be funded from company's own funds. The program is valid for 12 months.