Sangfor Technologies Inc. (SZSE:300454) 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 purchased at a price not exceeding CNY 100 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The repurchase program is valid for 12 months.