Raytron Technology Co.,Ltd. (SHSE:688002) announces a share repurchase program. Under the program, the company will repurchase up to its A shares for a total of CNY 100 million. The shares will be purchased at a price not exceeding CNY 60 per share.

The repurchased shares will be used for the implementation of ESOP or equity incentive plan and will be transferred within three years after the announcement of the results of the share repurchase and the share changes. If the company fails to transfer the shares repurchased within three years, the un-transferred shares will be cancelled. The program will be funded from company's own funds.

The program will be valid for 6 months.