Jiangsu Hanvo Safety Product (300952.SZ) intends to repurchase shares worth 40 to 60 million yuan.

Announcement by Jiangsu Hanvo Safety Product (300952.SZ): The company plans to use its own funds and/or self-raised funds to repurchase a portion of the company's publicly traded shares through centralized bidding trading, for the purpose of employee stock ownership plan or equity incentive. The total amount of repurchased shares shall not be less than RMB 40 million and not exceed RMB 60 million, with a repurchase price not exceeding 30 yuan per share (inclusive).