Dongguan Tarry Electronics Co.,Ltd (SZSE:300976) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be repurchased at a price not more than CNY 72 per share.

The repurchased shares will be used for equity incentive plans or employee stock ownership plans. The repurchases will be made from company's own funds. The authorization will be valid for a period of 12 months.