Henan Taloph Pharmaceutical Stock Co.,Ltd (SHSE:600222) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The repurchase price will be not more than CNY 8 per share.

The shares repurchased will used for employee stock ownership plans or equity incentives. The plan will be valid for 12 months.