Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) announces a share repurchase program. Under the program, the company will repurchase not more than 1,800,000 shares for CNY 162.77 million. The shares will be repurchased at a price not more than CNY 90.43 per share.

The repurchased shares will be used for ESOP or equity incentives. The program will be valid for a period of 12 months.