Bestechnic (Shanghai) Co., Ltd. (SHSE:688608) announces a share repurchase program. Under the program, the company will repurchase up to CNY 96 million worth of its shares. The shares will be repurchased at a price not more than CNY 162 per share.

Repurchased shares will be used for ESOP or equity incentives. The program will be valid till 12 months.