Shenzhen Sunnypol Optoelectronics Co.,Ltd. (SZSE:002876) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 49 per share.

The shares repurchased will be used for employee stock ownership plan or equity incentives. The repurchase program is valid for a period of 12 months.