Xiamen Intretech Inc. (SZSE:002925) announces a share repurchase program. Under the program, the company will repurchase up to CNY 130 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 17 per share. The shares purchased will be used for for cancellation and reduction of registered capital. The program will be funded using company's own shares and special loans from Xiamen Branch of Bank of China Co., Ltd. The program is subject to shareholders approval. The program will be valid till 12 months.

On October 19, 2024, the company announced that it has adjusted its repurchase price from CNY 17 per share to CNY 16.87 per share, effective October 25, 2024.