Winner Technology Co., Inc. commences an Equity Buyback Plan for 1,500,000 shares, representing 1.49% of its issued share capital, for CNY 60 million.

Winner Technology Co., Inc. (SZSE:300609) commences share repurchases on December 26, 2018, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 30, 2018. As per the mandate, the company is authorized to repurchase up to 1,500,000 shares, representing 1.49% of its issued share capital, for CNY 60 million. The shares will be purchased at a price of CNY 40 per share. The plan is valid for 6 months from the approval of the Shareholders Meeting.