Zhengzhou Deheng Hongsheng Technology Co., Ltd. (SHSE:600817) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not more than CNY 14 per share.

The repurchased shares will be used to implement the company's employee stock ownership plan. The shares will be repurchased using the company's own funds. The program will be valid for a period of 12 months, until March 9, 2023.