Shandong Liancheng Precision Manufacturing Co., Ltd (SZSE:002921) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 19.65 per share.

The shares purchased will be used for the company's equity incentive or ESOP. The program will be valid till 6 months.