Gotion High-tech Co.,Ltd. (SZSE:002074) announces a share repurchase program. Under the program, the company will repurchase up to CNY 600 million worth of its ordinary A shares. The shares will be purchased at a price not exceeding CNY 34 per share.

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