Yes Optoelectronics (Group) Co., Ltd. (SZSE:002952) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 30 million worth of its shares. The shares will be repurchased at a price not more than CNY 18.50 per share.

The program will be funded using the company's own funds. The repurchased shares will be used to implement the company's equity incentive plan or employee stock ownership plan. The program will be valid for a period of 12 months.