Wuhan Guide Infrared Co., Ltd. (SZSE:002414) announces a share repurchase program. Under the program, the company will repurchase up to CNY 400 million worth of its shares. The shares will be repurchased at a price not more than CNY 20.90 per share.

The shares will be used to implement employee stock ownership plans or equity incentive plans. The company will use its own funds to repurchase its shares. The program will be valid for a period of 12 months.