Unilumin Group Co.,Ltd (SZSE:300232) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 50 million worth of its Class A shares. The shares will be repurchased at a price of not more than CNY 10 per share.

The program will be funded using the company's own funds. The purpose of the buyback is to implement the company's equity incentive plan or ESOP. The plan will be valid for 12 months from the board of directors' approval.