Anhui Xinbo Aluminum Co., Ltd. (SZSE:003038) announces a share repurchase program. Under the program, the company will repurchase its A shares for a total of CNY 80 million. The shares will be purchased at a price not exceeding CNY 49.605 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 12 months.