Baiyun Electric announced that the company will meet with the board of directors on July 20, 2026 to review and approve the share repurchase plan, and will use centralized bidding transactions to repurchase shares. The total repurchase capital is 20 million to 40 million yuan, and the repurchase price does not exceed 22.12 yuan/share. The estimated number of repurchases is 904,200 to 1,8083 million shares, accounting for 0.17% to 0.33% of the total share capital, which is used for employee stock ownership plans or equity incentives. If the transfer is not completed within 3 years, the untransferred shares will be cancelled. The repurchase period does not exceed 12 months, and the relevant shareholders have no plans to reduce their holdings for the next 3 or 6 months.

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