Meter Instruments Co., Ltd. (SZSE:301006) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its Class A shares. The shares will be repurchased at a price not more than CNY 20.17 per share.

The repurchased shares will be used for ESOP or equity incentives. The program will be valid till 12 months.