Ginlong Technologies Co., Ltd. (SZSE:300763) 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 for a price not be more than CNY 135 per share.

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