Suzhou Recodeal Interconnect System Co.,Ltd (SHSE:688800) announces a share repurchase program. Under the program, the company will repurchase up to 1,100,000 shares, for CNY 66 million worth of shares. The shares will be repurchased at a price of not more than CNY 60 per share.

The shares purchased will be used for the equity incentives or employee stock ownership plans. The program will be valid till 12 months.