Suzhou Dongshan Precision Manufacturing Co., Ltd. (SZSE:002384) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 200 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 22 per share.

The repurchased will be funded using the company's own funds. The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentives. The program will be valid for a period of 12 months.