Kuangda Technology Group Co., Ltd. (SZSE:002516) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price of not more than CNY 4.7 per share. The purpose of the program is equity incentives plan or ESOP. The program will be valid for 12 months.