Beijing ConST Instruments Technology Inc. commences an Equity Buyback Plan for CNY 100 million worth of its shares, under the authorization approved on March 31, 2021.

Beijing ConST Instruments Technology Inc. (SZSE:300445) commences share repurchases on April 29, 2021, under the program mandated by the shareholders in the Extraordinary General Meeting held on March 31, 2021. As per the mandate, the company is authorized to repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not exceeding CNY 17.46 per share. The shares will be cancelled and the registered capital will be reduced. The company will use its own funds to repurchase shares. The repurchase program will be valid for 12 months from the date of meeting.