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.

On April 17, 2024, the company will adjust the repurchase from no more than CNY 90.43 per share to no more than CNY 64.35 per share, and the starting date for the price upper limit adjustment is May 20, 2024.