Shenzhen AV-Display Co., Ltd. (SZSE:300939) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its shares. The shares will be repurchased at a price not more than CNY 51.52 per share.

The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The program will be valid for 12 months.