Xinjiang Sailing Information Technology Co., Ltd. (SZSE:300588) announces a share repurchase program. Under the program, the company will repurchase up to CNY 25 million worth of its shares. The shares will be repurchased at a price not more than CNY 10 per share.

The shares repurchased will be used for the implementation of the equity incentive plan. The funds for the repurchases are the company's own funds. The program will be valid for a period of 12 months.