Jinkai Energy: Plans to repurchase shares of 500-600 million yuan and cancel to reduce registered capital.

Jinkai Xineng announced that the company plans to repurchase shares through centralized bidding trading, with an amount not less than 500 million yuan and not exceeding 600 million yuan. The repurchase price shall not exceed 7.50 yuan per share, and the repurchase quantity shall be between 66.67 million shares and 80 million shares, accounting for 3.34% to 4.01% of the total share capital. The repurchased shares will be cancelled and the company's registered capital reduced, with funds sourced from its own or self-raised funds. The implementation period is within 12 months from the date of approval by the shareholders meeting. As of the announcement date, the company's directors, supervisors, major shareholders, and actual controller have no plans to reduce their holdings in the next 3-6 months. However, shareholders holding more than 5% of the shares, Guokai Financial and General Technology International, have not responded, and their holdings may be reduced during the repurchase period.