Beijing Kawin Technology Share-Holding Co., Ltd. (SHSE:688687) announces a share repurchase program. Under the program, the company will repurchase up to RMB 120 million worth of its A shares. The shares will be repurchased at a price not more than CNY 26 per share.

The shares repurchased will be used for ESOP or equity incentives. The repurchases will be funded by company's own funds. The program will be valid for 12 months.

As of June 1, 2022, the company had 169,828,422 shares in issue.