Hopewind Electric begins share buyback for employee incentives

Shenzhen Hopewind Electric Co., Ltd. announced the commencement of a share buyback program, with the initial proposal made by chairman Han Yu on April 12, 2025. The buyback period spans from April 12, 2025, to April 11, 2026, and is intended for employee stock ownership plans or equity incentives.

The company plans to repurchase shares with a total value of not less than 10,000,000 yuan and not exceeding 20,000,000 yuan. The maximum repurchase price is set at 46.31 yuan per share. As of August 31, 2025, the company has not yet repurchased any shares.

Shenzhen Hopewind Electric will strictly adhere to relevant regulations and make timely decisions based on market conditions, while also fulfilling information disclosure obligations regarding the progress of the buyback program. Investors are advised to be aware of potential investment risks.