Jiangsu Safety Group Co., Ltd. (SHSE:603028) announces a share repurchase program. Under the program, the company will repurchase not more than CNY 60 million worth of its Class A shares. The repurchase price will not be more than CNY 12.86 per share.

The repurchased shares will be used for equity incentives or employee stock ownership plans. The program will be valid for a period of 12 months.