Borqs Technologies, Inc. (NasdaqCM:BRQS) announces a share repurchase program. Under the program, the company will repurchase up to 966,136 shares for $10.05 million. The shares will be repurchased at a price of $10.4 per share. These shares will be repurchased from Zhengqi International Holding Limited. The shares repurchased will be cancelled and retired.