Naruida Technology Co., Ltd. (SHSE:688522) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its class A shares. The shares will be repurchased at no more than CNY 57.25 per share. The purpose of the program is to use the shares for ESOP or equity incentives. The program will be funded from company's own funds. The plan will be valid for 12 months.

On May 30, 2024, the company announced that it adjusted the upper limit of the repurchase price of shares from CNY 57.25 per share to CNY 40.79 per share. The effective date for adjustment of the upper limit of the share repurchase price is May 29, 2024.