Roshow Technology Co., Ltd. commences an Equity Buyback Plan for CNY 300 million worth of its shares, under the authorization approved on April 13, 2023.

Roshow Technology Co., Ltd. (SZSE:002617) commences share repurchases on April 14, 2023, under the program mandated by the shareholders in the Extraordinary General Meeting held on April 13, 2023. As per the mandate, the company is authorized to repurchase its shares for a total of CNY 300 million. The shares will be purchased at a price not exceeding CNY 12 per share.

The repurchased shares will be used for equity incentives or employee stock ownership plans. The program will be funded from company's own funds. The program will be valid for 12 months from the date of the shareholder's meeting.