CECEP Wind Power begins share repurchase program

CECEP Wind Power Corp (CECEP) announced the commencement of its share repurchase program, initially disclosed on April 29, 2025. Between May 23, 2025, and July 9, 2025, the company repurchased 3,319,000 shares, representing 0.051271% of the total share capital. The repurchased shares ranged in price from CNY 3.01 to CNY 3.02 per share, with a total investment of CNY 10,000,190.00 (excluding transaction costs). The company plans to utilize between CNY 100 million and CNY 200 million for the repurchase, with the intention of canceling the shares and reducing registered capital. The repurchases are conducted via centralized bidding, with prices not exceeding CNY 4.37 per share, adjusted for the 2024 annual equity distribution. CECEP will continue to disclose repurchase progress, advising investors to monitor investment risks.