Beijing Navigation Control Technology Co.,Ltd. (SHSE:688282) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be repurchased at a price not more than CNY 71 per share.

All the repurchased shares will be used in employee stock ownership plans or equity incentive plans. The program will be valid for 12 months.