Shenzhen Chengtian Weiye Technology Co., Ltd. (SZSE:300689) 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 not be purchased at a price exceeding CNY 25 per share.

The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentives. The repurchase program will be funded from company's own funds. The repurchase program is valid for a period of 12 months from board's approval.