Guangzhou Great Power Energy and Technology Co., Ltd (SZSE:300438) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 50 per share.

The shares purchased will be used for the company's equity incentive plan or ESOPs. The program will be valid till 12 months.