Geovis Technology Co.,Ltd (SHSE:688568) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be purchased at a price not exceeding CNY 69 per share.

The purpose of the program is to reduce company?s registered capital. The repurchased shares will be cancelled. The program will be funded from company's own funds.

The program will be valid for 12 months.