Guangdong Greenway Technology Co.,Ltd (SHSE:688345) announces a share repurchase program. Under the program, the company will repurchase up to CNY 12 million worth of its shares. The shares will be repurchased at no more than CNY 32 per share.

The purpose of the program is to use the repurchased shares for implementation of employee stock ownership plan or equity incentive. If the company fails to implement the said purpose within the period prescribed by laws and regulations, there is a possibility of initiating the cancellation of the untransferred shares. The repurchases will be funded from company's own funds.

The program will be valid for 6 months.