Youon Technology Co.,Ltd (SHSE:603776) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its CNY ordinary shares (A shares). The shares will be repurchases at a price of CNY 16.78 per share.

The share repurchases will be funded from company's own funds. The repurchased shares will be used as equity incentive. The program will be valid till October 25, 2024.