Suzhou Sushi Testing Group Co.,Ltd. (SZSE:300416) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 100 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 25 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan. If the company fails to use the shares for the aforementioned purposes within 36 months from the date of completion, the unused portion of the repurchased shares shall be cancelled. The program will be funded from company's own funds.

The program will be valid for 12 months.