Gree Electric announced that the company's share repurchase plan was reviewed and approved by the shareholders' meeting on June 30, 2026. It is proposed to use 5 billion yuan to 10 billion yuan to repurchase A shares. The upper limit of the repurchase price will be adjusted to 54.55 yuan/share due to equity distribution. No less than 70% of the repurchase shares will be used to cancel capital reduction, and no more than 30% will be used for employee stock ownership plans or equity incentives. The repurchase period is 12 months from the date of review and approval by the shareholders' meeting. As of October 28, 2026, the company had repurchased a total of 61.9746 million shares, accounting for 1.1064% of the total share capital. The highest transaction price was 40.10 yuan/share, the lowest transaction price was 3606 yuan/share, and the total payment amount was 2,325 billion yuan. Subsequent companies will continue to promote repurchases during the repurchase period.

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