Beijing Yuanliu Hongyuan Electronic Technology Co., Ltd. (SHSE:603267) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 30 million worth of its shares. The shares will be repurchased at a price not more than CNY 80 per share.

The repurchased shares is intended to be used to safeguard the company?s value and shareholders? rights. The program will be funded from the company's own funds.

The program will be valid till March 19, 2024.