Shenma Electric Power: Spent a total of 237 million to repurchase 1.85% of the company's shares.

Shenma Electric announced that on July 29, 2025, the board of directors approved a share repurchase plan of 300-400 million RMB to be used for equity incentives and/or employee stock ownership plans, with a repurchase period of 12 months. By the end of a certain month in 2026, the company had cumulatively repurchased 7.9774 million shares, accounting for 1.8480% of the total share capital, with a trading price between 28.36 and 31.98 RMB per share. A total of 236.6664 million RMB has been paid out for the repurchases, and the progress of the repurchase is in compliance with regulations.