Guomai Technologies, Inc. (SZSE:002093) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at a price not more than CNY 10 per share.

The purpose of repurchase program is to maintain company value and shareholder rights. The authorization will be valid for a period of 3 months.