LUSTER LightTech Co., LTD. (SHSE:688400) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price of CNY 37 per share.

The company will use its own funds to repurchase its shares, which will be used for employee stock ownership plans or equity incentive plans when appropriate opportunities arise in the future. The program will be valid for a period of 12 months.