Springsnow Food Group Co., Ltd. (SHSE:605567) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 25 million worth of its shares. The shares will be repurchased at a price of not more than CNY 16 per share.

The shares will be repurchased out of own funds of the company. The plan will be valid for 2 months from the Board of Directors' approval.