Oppein Home Group Inc. (SHSE:603833) announces a share repurchase program. Under the program, the company will repurchase up to CNY 250 million worth of share capital. The shares will be repurchased at a price not more than CNY 155 per share.

The shares repurchased will be used for equity incentives or employee stock ownership plans and convertible debt-to-equity swaps. The program will be funded from company's own funds. The program will be valid for a period of 12 months.