Kunshan Kersen Science & Technology Co.,Ltd. (SHSE:603626) announces a share repurchase program. Under the program, the company will repurchase its A shares for a total of CNY 30 million. The shares will be purchased at a price not exceeding CNY 10.77 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 12 months.