Guangzhou Wondfo Biotech Co.,Ltd (SZSE:300482) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 49.72 per share.

The purpose of the program is to implement ESOP or equity incentive plans. The program will be valid for 6 months.