Announcement on the Results of Share Buyback Implementation and Changes in Shares
Tianjin Green Power Group Co., Ltd. (hereinafter referred to as "the Company") held the 20th meeting of the 11th Board of Directors and the third extraordinary general meeting of shareholders on August 28, 2025, and September 16, 2025, respectively, to review and approve the proposal on the implementation of share buyback. The Company agreed to use its own funds to repurchase A shares through centralized bidding, all of which will be canceled to reduce the registered capital. The total amount allocated for the share buyback is between RMB 61.8428 million and RMB 92.7642 million (inclusive), with a buyback price not exceeding RMB 13.31 per share (inclusive). The buyback period is within 12 months from the date of approval of the buyback plan at the third extraordinary general meeting of shareholders (September 16, 2025 - September 15, 2026). On October 28, 2025, the Company implemented the semi-annual dividend distribution. According to the relevant provisions of the "Self-Regulatory Guidelines for Listed Companies No. 9 - Share Buyback" and the "Buyback Report of Tianjin Zhonglv Electric Investment Co., Ltd.", the Company adjusted the upper limit of the buyback price from not exceeding RMB 13.31 per share to not exceeding RMB 13.27 per share, effective from October 28, 2025. For specific details, please refer to the announcements disclosed by the Company on August 29, September 17, September 23, and October 22, 2025, in "China Securities Journal," "Shanghai Securities Journal," "Securities Times," "Securities Daily," and on the website of Giant Tide Information (www.cninfo.com.cn), including the "Announcement of the Resolutions of the 20th Meeting of the 11th Board of Directors" (Announcement No.: 2025-060), "Announcement of the Resolutions of the 2025 Third Extraordinary General Meeting of Shareholders" (Announcement No.: 2025-070), "Buyback Report" (Announcement No.: 2025-072), and "Announcement on Adjusting the Upper Limit of Buyback Price after the Implementation of the 2025 Semi-Annual Profit Distribution" (Announcement No.: 2025-077). The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.