Suntront Technology Co., Ltd. (SZSE:300259) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 3.6 per share.

The shares purchased will be used for the company's equity incentive plan and employee stock ownership plans. The program will be funded out of the company's own funds. The program will be valid till 12 months.