GuangYuYuan Chinese Herbal Medicine Co., Ltd. commences an Equity Buyback Plan for 4,285,714 shares, representing 1.21% of its issued share capital for CNY 150 million, under the authorization approved on December 14, 2018.

GuangYuYuan Chinese Herbal Medicine Co., Ltd. (SHSE:600771) commences share repurchases on January 2, 2019, under the program mandated by the shareholders in the Extraordinary General Meeting held on December 14, 2018. As per the mandate, the company is authorized to repurchase up to 4,285,714 shares, representing 1.21% of its issued share capital, for a total of CNY 150 million. The purpose of the plan is to repurchase shares for ESOP. The program will be valid for 6 months from the date of the Shareholder's Meeting.