Hubei Chaozhuo Aviation Technology Co., Ltd. (SHSE:688237) announces a share repurchase program. Under the program, the company will repurchase up to CNY 30 million worth of its shares. The shares will be repurchased at no more than CNY 40.84 per share.

The purpose of the program is to use the repurchased shares to safeguard the company's value and shareholders' rights. The program will be funded from company's own funds. The plan will be valid for 3 months.