LAY-OUT Planning Consultants Co. Ltd. (SZSE:300989) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its A shares.

The shares will be purchased at a price not exceeding CNY 30.15 per share. The repurchased shares will be used for ESOP or equity incentives. The source of funds for the share repurchase program is a portion of the company?s excess raised funds.

The program will be valid for 12 months.