Nanjing Sunlord Electronics Corporation Ltd. (SZSE:300975) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 30 million worth of its shares. The shares will be repurchased at a price not more than CNY 9 per share.

The shares repurchased will be used for ESOP and/or equity incentives. The program will be valid for not more than 12 months.