Xiamen Changelight Co., Ltd. (SZSE:300102) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its class A common stock. The shares will be repurchased at a price of CNY 9.08 per share.

The program will be funded from company's own funds. The shares repurchased will be used for equity incentives or the employee stock ownership plan.