Sungrow Power: Plans to buy back 500 million to 1 billion yuan of shares for employee stock ownership or equity incentives.

Sungrow Power Supply announced that the company's sixth board of directors held its second meeting and approved the share repurchase plan, deciding to use 500 million to 1 billion yuan of self-owned or raised funds for repurchasing shares through centralized bidding transactions, to implement an employee stock ownership plan or equity incentive plan. The repurchase period is within 12 months from the date the board approved the plan.