Hopewind Electric details progress in share repurchase program

Shenzhen Hopewind Electric Co., Ltd. has announced the latest progress of its share repurchase program. As of November 30, 2025, the company has cumulatively repurchased 31,000 shares, representing 0.0068% of its total share capital. The repurchases were executed at prices ranging from RMB31.08 per share to RMB33.50 per share, with a total expenditure of RMB999,770.00, excluding transaction fees.

The share repurchase program, initiated following approval by the board of directors on April 11, 2025, is scheduled to run from April 12, 2025, to April 11, 2026. The company intends to repurchase shares using its own funds, with a planned investment between RMB10m and RMB20m. The maximum repurchase price was set at RMB46.31 per share.

Hopewind Electric stated that the repurchased shares are intended for use in employee stock ownership plans or equity incentive programs. The company affirmed its commitment to adhering to all relevant laws and regulations and will continue to make timely disclosures regarding the progress of the repurchase program, urging investors to be aware of potential investment risks.