Jiangsu Zhongtian Technology Co., Ltd. (SHSE:600522) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 20.68 per share.

The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentives. Repurchases will be funded using company?s own funds. The plan will be valid for 12 months, until December 12, 2024.

As of December 13, 2023, the company had 3,412,949,652 shares outstanding.