Wayzim Technology Co., Ltd. (SHSE:688211) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 million worth of its A shares. The shares will be purchased at a price not exceeding CNY 53.62 per share.

The repurchased shares will be used for ESOP or equity incentives. The program will be valid for 12 months.