Beijing Yupont Electric Power Technology Co., Ltd. (SHSE:688597) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price not more than CNY 10 per share.

The repurchased share will be used to safeguard the company's value and shareholders' rights. The program will be valid for a period of 3 months.