Beijing Sanlian Hope Shin-Gosen Technical Service Co., Ltd. (SZSE:300384) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth its shares. The shares will be repurchased at a price not more than CNY 22 per share.

The repurchased shares will be used for employee stock ownership plans and equity incentives. The program will run from the approval date until June 30, 2022.