Sany Renewable Energy (688349.SH) plans to launch an employee stock ownership plan for the year 2026.

Sany Renewable Energy (688349.SH) disclosed the 2026 employee stock ownership plan (draft), which is open to company directors, senior management, middle management, key personnel, and core business (technology) personnel, totaling no more than 869 people, and all participants must be employed by the company or its wholly-owned/subsidiaries. The establishment size of the employee stock ownership plan does not exceed RMB 91,179,700. The source of stock for this employee stock ownership plan is from shares repurchased by the company's special repurchase account, totaling no more than 3,473,500 shares, which is not more than 1% of the total current share capital of the company. The price for purchasing repurchased shares in this employee stock ownership plan is RMB 26.25 per share, and this price is determined as the average price of the closing prices of the last 5 trading days before and after the last trading day of 2025 (excluding).