BOE Technology Group Company Limited (SZSE:000725) announces a share repurchase program. Under the program, the company will repurchase up to 500,000,000 shares, representing 1.3% of its issued share capital, for total worth of CNY 3,000 million. The shares will be repurchased at a price of CNY 8.5 per share.

The purpose of the share repurchases is for the implementation of the company's equity incentive plan. The program is valid for 12 months.