Hubei Zhongyi Science Technology Co., Ltd. (SZSE:301150) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The shares will be purchased at a price not exceeding CNY 90 per share. The repurchased shares will be used for the implementation of ESOP or equity incentive plan. If the company fails to implement the above-mentioned purposes within the time limit stipulated by relevant laws and regulations, the un transferred part of the shares will be cancelled. The program will be funded from company's own funds. The program will be valid for 12 months.

On June 27, 2023, the company announced that after the implementation of the annual equity distribution in 2022 is completed, the company's share repurchase price upper limit was adjusted from no more than CNY 90 per share to no more than CNY 68.23 per share.