Nanjing Julong Science&Technology Co.,LTD (SZSE:300644) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its class A shares. The shares will be repurchased at a price not more than CNY 25 per share.

The repurchases will be funded using company's own funds. The repurchased shares will be used to implement equity incentives. The program will be valid for 12 months.