Runner (Xiamen) Corp. (SHSE:603408) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its Class A shares.

The shares will be repurchased at a price of CNY 18 per share. The program will be funded using the company's own funds. The repurchased shares will be used for the implementation of the equity incentive plan.

The program will be valid for a period of 12 months.