Shaoneng Group provides update on share repurchase program

Guangdong Shaoneng Group Co., Ltd. (SZSE:000601) has announced the progress of its share repurchase program. As of February 28, 2025, the company has cumulatively repurchased 18,556,845 shares through a dedicated securities account via centralized competitive bidding, representing 1.72% of the company's total share capital. The highest transaction price was 4.60 yuan per share, and the lowest was 4.00 yuan per share, with a total transaction amount of 78.0694 million yuan (excluding transaction costs). The repurchase complies with relevant laws and regulations and the company's established share repurchase plan. The company affirmed it followed regulations and will continue to implement the repurchase plan within the permitted timeframe based on market conditions and will disclose information in a timely manner.