Jiangsu Aisen Semiconductor Material Co.,Ltd. (SHSE:688720) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price of not more than CNY 57.83 per share. The purpose of the program is to safeguard the company?s value and shareholders? rights. The repurchased shares will be cancelled to reduce share capital of the company. The company will use its own for the program. The program will be valid for 3 months.

On April 2, 2024, the company announced that the repurchased shares will be used for maintaining the company?s value and shareholders? interest.