CECEP Solar Energy updates on share repurchase program

CECEP Solar Energy Co., Ltd. announced progress on its share repurchase program as of November 30, 2025. The company has cumulatively repurchased 10,930,100 shares through concentrated bidding via its dedicated securities account. This represents 0.28% of the company's total share capital as of September 2025, which stood at 3,921,204,018 shares.

The total transaction amount for these repurchases reached CNY 49,862,897.00, excluding transaction fees. The highest price paid per share was CNY 4.81, while the lowest was CNY 4.44. The repurchases were funded by the company's own capital and a dedicated stock repurchase loan.

The company's board approved the repurchase plan on April 22, 2025, with a maximum repurchase price adjusted to CNY 6.63 per share, effective July 11, 2025. The total repurchase amount is expected to be between CNY 100 million and CNY 200 million. All repurchased shares will be cancelled to reduce the company's registered capital.