Qingdao Gon Technology Co., Ltd. (SZSE:002768) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its A shares. The shares will be repurchased at a price not more than CNY 24 per share.

The shares will be repurchased for the implementation of employee shareholding plan or as equity incentive. The funds for the repurchases are the company's own funds. The program will be valid for a period of 12 months.