Digital China Group Co., Ltd. commences an Equity Buyback Plan for 5,555,556 shares, representing 0.85% of its issued share capital, under the authorization approved on December 28, 2018.

Digital China Group Co., Ltd. (SZSE:000034) commences share repurchases on January 24, 2019, under the program mandated by the shareholders in the Extraordinary General Meeting held on December 28, 2018. As per the mandate, the company is authorized to repurchase up to 5,555,556 shares, representing 0.85% of its issued share capital. The repurchase price will not be more than CNY 18 per share. The repurchase plan will be valid for 6 months.