Haineng Industrial: Plans to repurchase shares totaling 50 million to 100 million RMB for incentive purposes.

HaiNeng Industrial announced that the company plans to use its own funds to repurchase some of its A shares through centralized bidding, with a total amount of funds not less than 50 million yuan and not exceeding 100 million yuan, and the repurchase price not exceeding 15.50 yuan per share. According to this calculation, it is estimated that 3.2258 to 6.4516 million shares can be repurchased, accounting for 1.03% to 2.06% of the total share capital, to be used for implementing equity incentive and/or employee stock ownership plans. The implementation period is 12 months from the date of approval by the board of directors. In addition, the announcement highlights risks such as price, funding, and program changes.