Suzhou MedicalSystem Technology Co., Ltd. (SHSE:603990) announces a share repurchase program. Under the program, the company will repurchase its own shares for a total of CNY 30 million. The shares will be purchased at a price not exceeding CNY 16 per share.

The repurchased shares will be used for employee stock ownership plans. The program will be funded from company's own funds. The program will be valid till August 5, 2024.