Changchun High-Tech Industries (Group) Inc. (SZSE:000661) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price of not more than CNY 200 per share.

The shares purchased will be used for the company's equity incentives for the core team of the company and its subsidiaries. The program will be valid for 12 months.