Wintime Energy completes significant share repurchase

Wintime Energy Group Co., Ltd. (SSE:600157) announced that it has completed a significant share repurchase program aimed at bolstering investor confidence and enhancing shareholder value. By May 30, 2025, the company had repurchased 292,388,600 shares through centralized trading on the Shanghai Stock Exchange, representing 1.32% of the company's total share capital. The repurchase was executed at prices ranging from CNY 1.02 to CNY 1.71 per share, with a total expenditure of CNY 356,480,157.08, excluding transaction costs. The repurchased shares are intended for cancellation to reduce registered capital. The company affirmed that the repurchase activities were conducted in compliance with relevant laws and regulations and will continue to disclose updates as required.