Ledman Optoelectronic Co., Ltd. (SZSE:300162) announces a share repurchase program. Under the program, the company will repurchase up to CNY 80 million worth of its shares. The repurchase price will not more than CNY 6.59 per Share.

The purpose of program is to protect the company's value and shareholders' rights. The repurchases will be funded using company's own funds. The repurchase period will be not more than 3 months.