Bethel Automotive Safety Systems Co., Ltd (SHSE:603596) announces a share repurchase program. Under the program, the company will repurchase not more than 700,000 shares. The shares will be repurchased at a price not more than CNY 90.91 per share.

The program will be funded using the company's own funds. The repurchased shares will be used to implement equity incentives or employee stock ownership plans. The program will be valid for a period of 12 months.