Cecep Solar Energy announces share repurchase program status

Cecep Solar Energy Co., Ltd. (SZSE:000591) announced an update on its share repurchase program. The program, approved at the company's annual general meeting, authorizes the repurchase of shares via centralized bidding, using both company funds and special loan. The repurchased shares will be cancelled to reduce registered capital. The total repurchase amount is planned to be between CNY 100 million and CNY 200 million, with a repurchase price not exceeding CNY 6.69 per share. The repurchase period extends for 12 months from the date of shareholder approval. As of June 30, 2025, the company has not yet implemented the share repurchase. The company stated that it will implement the share repurchase plan based on market conditions and fulfill information disclosure obligations.