Changzhou Xingyu Automotive Lighting Systems Co.,Ltd. (SHSE:601799) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its own shares. The shares will be purchased at a price not exceeding CNY 150 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 12 months.