AVIC Jonhon Optronic Technology Co., Ltd. (SZSE:002179) commences share repurchases on March 26, 2019, under the program mandated by the shareholders in the Extraordinary General Meeting held on January 9, 2019. As per the mandate, the company is authorized to repurchase class A common shares for not more than CNY 250 million. The shares will be purchased at a price not exceeding CNY 41 per share. The company planned to use its own funds to repurchase shares. The repurchase program is valid for a period of 12 months from shareholders' approval.