Cofoe Medical Technology Co.,Ltd. (SZSE:301087) announces a share repurchase program. Under the program, the company will repurchase up to 1,886,792 shares, representing 0.90% of the company?s total share capital for CNY 100 million. The share will be repurchased at a price not more than CNY 53 per share.

The repurchased shares will be used for employee stock ownership plans or equity incentives. The program will be valid for a period of 12 months.