Zhejiang CONBA Pharmaceutical Co.,Ltd. (SHSE:600572) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its class A shares. The shares will be repurchased at no more than CNY 7 per share.

The purpose of the share repurchase program is to use shares for ESOP or equity incentives. The program will be valid for 6 months.