Securities Code: 300304 Securities Abbreviation: Yunyi Electric Announcement No.: 2026-025 Jiangsu Yunyi Electric Power Co., Ltd. Announcement on the Progress of Company Share Repurchase The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and there are no false records, misleading statements, or major omissions. Jiangsu Yunyi Electric Power Co., Ltd. (hereinafter referred to as the "Company") held the seventh meeting of the sixth Board of Directors on January 22, 2026, and the first extraordinary general meeting of shareholders in 2026 on February 9, 2026, which approved the "Proposal on the Repurchase of Company Shares." It was agreed that the Company would use its own funds to repurchase a portion of its RMB ordinary shares A shares through centralized bidding transactions, and the repurchased shares would be used for employee stock ownership plans or equity incentive plans. The total amount of funds for this repurchase shall not be less than RMB 100 million and not more than RMB 150 million (including the principal amount), and the repurchase price shall not exceed RMB 17.00 per share. The repurchase period is within 12 months from the date of approval of the repurchase share plan by the general meeting of shareholders. For details, please refer to the relevant announcements published by the Company on the CNINFO website, the designated GEM information disclosure website of the China Securities Regulatory Commission. In accordance with the "Regulations on Share Repurchases by Listed Companies," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 9—Share Repurchases," and other relevant regulations, the Company shall disclose the progress of share repurchases as of the end of the previous month within the first three trading days of each month during the repurchase period. The progress of the Company's share repurchases as of the end of the previous month is hereby announced as follows: I. Progress of Company Share Repurchases As of March 31, 2026, the Company had repurchased 7,413,500 shares of the Company through centralized bidding transactions via a dedicated securities account for share repurchases, accounting for approximately 0.84% of the Company's total share capital. The highest transaction price was RMB 14.68 per share, the lowest transaction price was RMB 12.09 per share, and the total transaction amount was RMB 102,097,568.50 (excluding transaction fees). The implementation of the repurchase is in compliance with the Company's share repurchase plan and relevant laws and regulations. II. Other Matters (I) The time, number of shares, repurchase price, and trading period for centralized bidding transactions of the Company's share repurchases comply with the relevant provisions of Article 17 and Article 18 of the "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 9—Share Repurchases" and the Company's share repurchase plan, as follows:
- The Company did not repurchase shares during the following periods: (1) From the date of occurrence of any major event that may have a significant impact on the Company's stock trading price or during the decision-making process, until the date of legal disclosure; (2) Other circumstances stipulated by the China Securities Regulatory Commission and the Shenzhen Stock Exchange.
- The Company's repurchase of shares through centralized bidding transactions meets the following requirements: (1) The entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2)委托价格不得为公司股票当日交易涨幅限制的价格; (2) Entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2) Entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2) Entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2) Entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2) Entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2) Entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2) Entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2) Entrusted price shall not be the limit of the Company's stock price increase on the day of trading; (2) Entrusted