Ningbo Exciton Technology Co., Ltd. (SZSE:300566) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 60 million worth of its shares. The repurchases will made at maximum price of CNY 18 per share.

The repurchased shares will be used for equity incentives or employee stock ownership plans. The repurchase period will be not more than 12 months.