Xgimi Technology Co.,Ltd. (SHSE:688696) announces a share repurchase program. Under the program, the company will repurchase up to CNY 160 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 134.74 per share.

The shares purchased will be used for the company's equity incentive plan or ESOP. The program will be valid till 12 months.