Guangdong HEC Technology Holding Co., Ltd (SHSE:600673) announces a share repurchase program. Under the program, the company will repurchase up to CNY 300 million worth of its shares. The shares will be repurchased at a price not more than CNY 9 per share.

The repurchased shares will be used for employee stock ownership plans and equity incentives. The source of fund for the repurchases will be self-raised funds of the company. The program will be valid for a period of 6 months.