Beijing Jingpin Tezhuang Technology Co.,Ltd. (SHSE:688084) 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 repurchased at a price not more than CNY 90 per share.

The repurchased shares will be used for ESOP or equity incentives. The source of fund will be company?s excess raised funds. The authorization will be valid for a period of 12 months.