Huizhong Instrumentation Co., Ltd. (SZSE:300371) announces a share repurchase program. Under the program, the company will repurchase up to CNY 11 million worth of its ordinary shares. The shares will be purchased at a price not more than CNY 15.49 per share.

The shares repurchased will be used for the equity incentives or employee stock ownership plans. The program will be valid for a period of 12 months.