Beingmate Co., Ltd. (SZSE:002570) announces a share repurchase program. Under the program, the company will repurchase up to CNY 150 million worth of its shares. The shares will be repurchased at a price not more than CNY 7.17 per share.

The repurchased shares will be used for employee stock ownership plans or equity incentives. The program will be valid for 12 months.