Cangzhou Mingzhu Plastic Co.,Ltd. (SZSE:002108) announces a share repurchase program. Under the program, the company will repurchase up to CNY 110 million worth of shares. The shares will be purchased at a price not exceeding CNY 6.5 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 6 months.