Zhejiang Huangma Technology Co.,Ltd (SHSE:603181) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 25 per share. The shares purchased will be used for the company's equity incentive plan. The program will be funded out of the company's own funds. The program will be valid till earlier of 12 months, or when the repurchase reaches the maximum limit, unless terminated by the Board earlier. On September 17, 2021, the company adjusted the price ceiling of the shares to be repurchased from no more than CNY 25 per share to no more than CNY 17.24 per share.