Will Semiconductor Co., Ltd. (SHSE:603501) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 100 per share.

The repurchased shares will be used for employee stock ownership plans or equity incentives. The source of funds for the repurchases is the company's own funds. The repurchase program is valid till September 28.

2023.