Electric Connector Technology Co., Ltd. (SZSE:300679) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of CNY 58.11 per share.

The repurchased shares will be used for equity incentives or employee stock ownership plans. The repurchase program is valid for a period of 12 months.