Bondex Supply Chain Management Co., Ltd. (SHSE:603836) 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 purchased at a price not exceeding CNY 22 per share. The purpose of the program is to improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of employees, and enhance team cohesion , to help the company's healthy and sustainable development. The repurchased shares will be used for employee stock ownership plans or equity incentive plans, otherwise will be cancelled if the company fails to transfer them within the time limit stipulated by relevant laws and regulations. The program will be funded from company's own funds. The program will be valid for 12 months.

On July 7, 2023, the company announced that it has adjusted its share repurchase price from CNY 22 per share to CNY 21.52 per share, starting from July 13, 2023, onwards.