Harbin Sayyas Windows Co., Ltd. (SZSE:301227) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be purchased at a price not exceeding CNY 38.5 per share. The repurchased shares not more than 70% will be used to maintain company value and shareholder rights and the remaining not more than 30% will be used to implement employee stock ownership plan and equity incentives. The unused portion shall be cancelled within 3 years from date of completion of share repurchase program implementation. The program will be valid for not more than 3 months for the use of safeguard company value and shareholders? interests and not more than 12 months for the use in implementation of employee stock ownership plan or equity incentives.

On May 28, 2024, the company amended its share repurchase program. The shares will be repurchased at a price not exceeding CNY 38.02 per share.