Hopewind Electric continues share repurchase for employee incentive plans

Shenzhen Hopewind Electric Co., Ltd. announced progress in its share repurchase program, proposed by chairman Han Yu. The company intends to repurchase shares using its own funds, with a total amount ranging from RMB 10 million to RMB 20 million. The repurchase price will not exceed RMB 46.31 per share, and the program is scheduled to conclude by April 11, 2026. This initiative primarily aims to be used for employee stock ownership plans or equity incentives.

As of October 31, 2025, Hopewind Electric has cumulatively repurchased 31,000 shares, representing 0.0068% of its total share capital. The highest price paid was RMB 33.50 per share, while the lowest was RMB 31.08 per share. The total expenditure for these repurchased shares stands at RMB 999,770.00, excluding stamp duty and commissions.

During October 2025 alone, the company bought back 16,000 shares at prices between RMB 31.08 and RMB 31.08 per share, amounting to RMB 497,270.00. Hopewind Electric assures that the repurchase aligns with all relevant laws and regulations, and it will continue to provide updates, urging investors to consider potential investment risks.