On August 18, 2023, the company announced that its Board of Directors will consider a share repurchase program. Under the program the company may repurchase CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 81.96 per share.

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