Sungrow executives complete share reductions, one terminates early

Sungrow Power Supply Co., Ltd. announced the completion and early termination of share reduction plans by several of its directors and senior management. Vice chairman and senior vice president Gu Yilei, vice president Deng Dejun, and vice president Wang Lei successfully completed their planned share reductions. Separately, director and senior vice president Wu Jiamao decided to prematurely terminate his share reduction plan.

The combined share reduction across all executives amounted to 423,700 shares, representing 0.0206% of the company's total share capital. Gu Yilei sold 157,500 shares at an average price of 183.82 yuan per share. Wu Jiamao sold 130,000 shares at an average price of 175.86 yuan per share. Deng Dejun sold 128,500 shares at an average price of 176.57 yuan per share, and Wang Lei sold 7,700 shares at an average price of 178.57 yuan per share.

These transactions were carried out via centralized bidding between November 19 and December 8, 2025. The company confirmed these plans align with regulatory requirements and will not result in a change of company control or negatively impact ongoing operations.