Sungrow concludes share repurchase, plans equity incentive

Sungrow Power Supply (SZSE:300274) announced the completion of its share repurchase program initiated in April 2025, alongside plans for a subsequent equity incentive initiative. The company repurchased 5,255,103 shares, representing 0.2535% of its total share capital, at prices ranging from CNY 55.81 to CNY 58.94, for a total consideration of CNY 300,023,059.07 (including transaction costs). The repurchased shares will be used for an employee stock ownership plan or equity incentive scheme, and any shares not used within 36 months will be cancelled.