Suwen Electric Power: Chairman Shi Xiaobo proposes to buy back company shares for 30-60 million yuan.

Sewin Electric Power Announcement: On July 12, 2026, the company received a proposal from Mr. Shi Xiaobo, the actual controller, chairman, and general manager, to repurchase company shares. Mr. Shi Xiaobo proposed that the company repurchase a portion of its issued Renminbi common shares through the Shenzhen Stock Exchange trading system using centralized bidding trading method with its own funds. The repurchase price limit shall not exceed 150% of the average trading price of the company's stock for the 30 trading days before the resolution of the board of directors on the repurchase plan, and shall not exceed RMB 18 per share. The total amount of repurchase funds shall be no less than RMB 30 million and no more than RMB 60 million, and the repurchase period shall be within 12 months from the date of approval by the board of directors.