Canny Elevator Co., Ltd. (SZSE:002367) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 12 per share. The purpose of the program is to repurchase shares for use in equity incentives, ESOP, or shares for the conversion of convertible bonds. The program will be valid for 12 months.