TES Touch Embedded Solutions (Xiamen) Co., Ltd. (SZSE:003019) announces a share repurchase program. Under the program, the company will repurchase up to its A shares for a total of CNY 161.57 million. The shares will be purchased at a price not exceeding CNY 22 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. The program will be valid for 6 months from the commencement date.