TCL Corporation (SZSE:00100) announces a share repurchase program. Under the program, the company will repurchase up to not more than CNY 700 million worth of its A shares. The shares will be repurchased at a price not more than CNY 12 per share. The company uses its own funds, self-raised funds and other financing methods to repurchase shares. The shares repurchased will be used for employee stock ownership plans or equity incentives. The program will be valid for 12 months.