Soonpower Energy: Stock repurchase has not been implemented

Announcement from Soonfa Hydro Power: As of August 31, 2025, the company has not yet implemented any share repurchases. The company plans to use its own funds and special loans for stock repurchases to repurchase A-shares of the company through centralized bidding, for the purpose of canceling and reducing the company's registered capital. The total amount of funds for this repurchase shall be no less than RMB 250 million and no more than RMB 500 million, with a repurchase price not exceeding RMB 4.95 per share. The repurchase period shall be within 12 months after the approval of this repurchase plan by the company's first extraordinary general meeting in 2025.