Urovo Technology Co., Ltd. (SZSE:300531) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 19.50 per share.

The repurchased shares will be used to implement employee stock ownership plans or equity incentives. The repurchases program will be funded using the company's own funds. The program will be valid for a period of 6 months.