Focus Lightings Tech Co., Ltd. (SZSE:300708) announces a share repurchase program. Under the program, the company will repurchase up to CNY 500 million worth of its shares. The repurchased shares will be used to maintain company value and shareholder rights. The repurchase price will be CNY 14 per share. The program will be valid for a period of 3 months.

On February 20, 2024, the company announced that after the 2023 equity distribution, the company adjusted the maximum repurchase price from not more than CNY 14 per share to not more than CNY 13.84 per share.