GCL System Integration Technology Co., Ltd. (SZSE:002506) announces a share repurchase program. Under the program, the company will repurchase its A shares for a total of CNY 200 million. The shares will be purchased at a price not exceeding CNY 3.85 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.