Norsyn Crop Technology Co., Ltd. (SZSE:001231) commences share repurchases on March 15, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on March 6, 2024. As per the mandate, the company is authorized to repurchase up to 36 million worth of its shares. The shares will be repurchased at a price not more than CNY 26.30 per share.

The repurchased shares will be used in employee stock ownership plans or equity incentive plans. The funds for the repurchases are the company's own funds. The program will be valid for a period of 12 months.