YaGuang Technology Group Company Limited (SZSE:300123) announces a share repurchase program. Under the program. the company will repurchase up to 25,000,000 shares, representing 4.475 of its share capital for CNY 300 million. The shares will be repurchased at a price not more than CNY 12 per share. The shares repurchased will be used for ESOP or equity incentives plan. The repurchase plan will be valid for 12 months.