Wangsu Science & Technology Co.,Ltd. (SZSE:300017) commences share repurchases on January 16, 2019, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 1, 2018. As per the mandate, the company is authorized to repurchase its own shares, for a total of CNY 400 million. The shares will be repurchased at a price of CNY 9 per share. The program will be valid for 12 months from the date of the Shareholder's Meeting.