Runa Smart Equipment Co., Ltd. (SZSE:301129) announces a share repurchase program. Under the program, the company will repurchase up to CNY 12 million worth of its A shares. The shares will be repurchased at a price of CNY 47.04 per share.

The company plans to use its own funds to repurchase its shares. The company will repurchase its shares to implement an employee stock ownership plan or equity incentive plan. The program will be valid for a period of 12 months.