Beijing Asiacom Information Technology Co,.Ltd (SZSE:301085) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 65 per share.

The repurchased shares will be used for equity incentive plans or employee stock ownership plans. The program will be funded from company's own funds. The program will be valid for 6 months.