Suzhou SLAC Precision Equipment CO.,Ltd. (SZSE:300382) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 14.8 per share.

The shares repurchased will be used to implement employee stock ownership plans or equity incentives. The repurchases will be funded by company's own funds or self-raised funds. The plan will be valid for 12 months.