Wintime Energy to cancel 400m repurchased shares

Wintime Energy (SSE:600157) announced the cancellation of 400 million repurchased shares, representing 1.80% of the company's total share capital before the cancellation. This move, approved at board and shareholder meetings, will reduce the total share capital from 22,217,764,145 shares to 21,817,764,145 shares. The buyback, completed on June 23, 2025, involved a price range of CNY 1.02 to CNY 1.71 per share, totaling CNY 500,992,812.08. The company believes this action will improve earnings per share, enhance shareholder returns, and strengthen investor confidence without significantly impacting operations or control.