YOOZOO Interactive Co., Ltd. (SZSE:002174) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The shares will be repurchased at a price of CNY 20 per share.

The repurchased shares will be used for employee stock ownership plans or equity incentives. The authorization will be valid for a period of 12 months.