002028SZSE

Progress Announcement on the Company's Share Repurchase

Sieyuan Electric Co., Ltd.··2 pages

✨ AI Summary

The company has approved a share repurchase plan with a budget between RMB 300 million and RMB 500 million. As of June 2, 2026, no shares have been repurchased, and the stock price exceeds the repurchase price cap. Future repurchases will be conducted based on market conditions and company performance.

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Full Translation

AI Translation· azure_openai

Progress Announcement on the Company's Share Repurchase

Siyuan Electric Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

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