Zhejiang Supcon Technology Co., Ltd. (SHSE:688777) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 80.54 per share.

The repurchased shares will be used for equity incentive or employee shareholding plan. The plan will be valid for 12 months.