Chint Electrics completes share repurchase, boosts subsidiary guarantees

Zhejiang Chint Electrics announced the completion of its share repurchase program, buying back 20,839,551 shares, representing 0.97% of its total share capital, for a total of RMB 499,976,556. The shares were repurchased at prices ranging from RMB 22.15 to RMB 29.45 per share and are intended for an employee stock ownership plan. The company confirmed that the repurchase aligns with its disclosed plan and will not materially impact its operations or financial condition.

In a separate announcement, Chint Electrics and its holding subsidiary, Chint Aneng, have increased guarantees for 54 wholly-owned subsidiaries of Chint Aneng, primarily for new energy business development. The total principal amount of these guarantees is RMB 129,995万元. As of the disclosure date, the company's total external guarantee balance, including those to consolidated entities and related parties, reached RMB 2,649,207.51万元, accounting for 62.92% of its latest audited net assets.

The company will also host a 2025 semi-annual performance briefing on October 17, 2025, to discuss its operating results and financial status, providing an interactive platform for investors via the SSE Roadshow Center.