Guangdong Dowstone Technology Co., Ltd. (SZSE:300409) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million at a price of not more than CNY 15 per share. The repurchase will be funded from company's own fund.

The purpose of the program is based on maintaining the value and shareholder rights and will be sold within the prescribed period in accordance with the relevant repurchase rules and regulatory guidelines. The program is valid for 3 months.