Hangzhou Todaytec Digital Co., Ltd (SZSE:300743) announces a share repurchase program. Under the program, the company will repurchase its own shares for a total of CNY 60 million. The shares will be purchased at a price not exceeding CNY 17 per share.

The purpose of the program is to effectively safeguard the interests of shareholders, enhance investor confidence, improve the company's long-term incentive mechanism, and effectively integrate the interests of shareholders and the company's interests, promote for the company's long-term, stable, and sustainable development. The repurchased shares will be used for the implementation of ESOP or equity incentive plan. If the company fails to transfer the repurchased shares within three years after the announcement of the results of the share repurchase and share changes, the repurchased shares that have not yet been transferred will be cancelled.

The program will be funded from company's own funds. The program will be valid for 3 months.