Jilin University Zhengyuan Information Technologies Co., Ltd. (SZSE:003029) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The repurchase price will not be more than CNY 25 per share.

The repurchases will be funded using company's own funds. The repurchased shares will be used for company equity incentives or employee stock ownership plans. The program is valid for 12 months.