Shangneng Electric: Intends to repurchase company shares in the amount of 50-80 million yuan.

Shangneng Electric announced plans to repurchase company shares for no less than 50 million yuan and no more than 80 million yuan, with a repurchase price not exceeding 50 yuan per share. The repurchased shares will be used for the equity incentive plan. The source of funds for the repurchase will be the company's own funds or self-raised funds, and the repurchase period will be within 12 months from the date of approval by the board of directors.