Shenzhen Inovance Technology Co.,Ltd (SZSE:300124) announces a share repurchase program. Under the program, the company will repurchase up to CNY 50 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 ESOP or equity incentives. The program will be valid for 6 months.