EmbedWay Technologies (Shanghai) Corporation (SHSE:603496) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 1.49% for CNY 72 million. The shares will be repurchased at a price not more than CNY 24 per share. The repurchases will be financed through company's own funds. The purpose of the program is to implement employee stock ownership plans or equity incentives. The repurchase program will expire on May 14, 2021.