Shaoneng Group completes share repurchase program

Guangdong Shaoneng Group Co., Ltd. (SZSE:000601) announced the completion of its previously approved share repurchase program. The company repurchased 32,416,645 shares, representing 3% of the company's total share capital. The repurchase was conducted through concentrated bidding via a dedicated securities account between November 26, 2024, and April 8, 2025. The lowest transaction price was CNY4.00 per share, and the highest transaction price was CNY5.94 per share, with a total transaction value of CNY150,695,341.98 (excluding transaction fees). The company intends to use the repurchased shares for cancellation to reduce registered capital and for future equity incentive plans. The repurchase aligns with previously disclosed plans and relevant regulations.