Jiangsu New Technology Group Co.,Ltd. (SZSE:301229) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The repurchase price will not more than CNY 38.30 per Share. The repurchased shares will be used for employee stock ownership plan or equity incentives. The repurchases will be funded using company's own funds. The repurchase period will be not more than 12 months. As of March 18, 2024, the company had 80,013,566 shares outstanding.

On May 13, 2024, the company amended its share repurchase program. The shares will be repurchased at a price not exceeding CNY 27.27 per share.