Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) 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 75 per share. The shares purchased will be used for the company's employee stock ownership plans or equity incentives. The program will be valid for 6 months.

On May 29, 2024, the company announced that it adjusted the upper limit of the repurchase price of shares from CNY 75 per share to CNY 74.55 per share. The effective date for adjustment of the upper limit of the share repurchase price is May 30, 2024.