Shenma Electric Power announced that the company has completed the share repurchase. The actual share repurchase was 9.1091 million shares, accounting for 2.1115% of the total share capital. The actual repurchase amount was 301 million yuan, and the repurchase price range was 28.36 yuan/share to 57.36 yuan/share. Share buybacks will be used for employee stock ownership plans or equity incentives.

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