Bonree Data Technology Co., Ltd (SHSE:688229) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be repurchased at a price no more than CNY 60 per share.

The repurchased shares will be used for employee stock ownership plan and equity incentives. The program will be funded from company's own funds. The program will be valid for a period of 12 months.