DBG Technology Co., Ltd. (SZSE:300735) commences share repurchases on August 2, 2022, under the program mandated by the shareholders in the Annual General Meeting held on May 17, 2022. As per the mandate, the company is authorized to repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of CNY 14.85 per share.

The repurchased shares will be used to reduce the company's registered capital. The program will be valid for 6 months.