Suzhou Shijia Science & Technology Inc. (SZSE:002796) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its A shares. The shares will be repurchased at a price of not more than CNY 14.44 per share.

The repurchased shares will be used for employee stock ownership plan or equity incentives. The company plans to use self-raised funds to repurchase its shares. The program will be valid for a period of 12 months.