Jiangsu Lopal Tech. Co., Ltd. (SHSE:603906) 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 at a price not more than CNY 38 per share. The shares purchased will be used for ESOP or equity incentives. The program is valid for 6 months.