Shanghai Lonyer Data Co., Ltd. (SHSE:603003) 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 more than CNY 5.35 per Share.

The repurchased shares will be used to maintain the company's value and shareholders' rights. All repurchased shares will be cancelled to reduce the company's registered capital. The repurchases will be funded using company's private capital.

The repurchase period will be not more than 3 months.