Zhejiang Jinggong Integration Technology Co., Ltd. (SZSE:002006) announces a share repurchase program. Under the program, the company will repurchase up to 7,500,000 A shares, for a total of CNY 187.5 million. The shares will be purchased at a price not exceeding CNY 25 per share.

The program will be funded from company's own funds. The repurchased shares will be used to implement equity incentives or employee stock ownership plans for core backbone employees. If the company fails to implement the above-mentioned purposes within 36 months after the share repurchase is completed, or if all the repurchased shares are not used for the above-mentioned purposes, the unused part will be cancelled according to law.

The repurchase program is valid for 12 months.