Shenzhen Keanda Electronic Technology Corp., Ltd. (SZSE:002972) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 10 million worth of its shares. The shares will be repurchased at a price not more than CNY 12.5 per share.

The repurchased shares will be used for the implementation of the employee stock ownership plan or equity incentive plan. The program will be valid for a period of 12 months.