Tianhua Xinneng announced that on November 4, 2026, Pei Zhenhua, the controlling shareholder, actual controller and chairman, proposed that the company repurchase A shares through centralized bidding transactions, with a total capital of not less than RMB 100 million and no more than RMB 200 million. The upper limit of the repurchase price is not higher than 150% of the average transaction price of the company's stock in the 30 trading days before the board of directors deliberates and approves the buyback plan; the repurchase of shares is intended to cancel and reduce registered capital or employee shareholding plans and equity incentives, and the specific use shall be determined by the board of directors or shareholders' meeting in accordance with law. The source of repurchase funds is own funds or self-financing. The implementation period is 12 months from the date the repurchase plan is reviewed and approved by the board of directors or shareholders' meeting. The proposal has yet to be studied and formulated by the company and carried out the review and approval procedures. The details are subject to the plan that has been reviewed and approved.

Tianhua Xinneng announced that on November 4, 2026, Pei Zhenhua, the controlling shareholder, actual controller and chairman, proposed that the company repurchase A shares through centralized bidding transactions, with a total capital of not less than RMB 100 million and no more than RMB 200 million. The upper limit of the repurchase price is not higher than 150% of the average transaction price of the company's stock in the 30 trading days before the board of directors deliberates and approves the buyback plan; the repurchase of shares is intended to cancel and reduce registered capital or employee shareholding plans and equity incentives, and the specific use shall be determined by the board of directors or shareholders' meeting in accordance with law. The source of repurchase funds is own funds or self-financing. The implementation period is 12 months from the date the repurchase plan is reviewed and approved by the board of directors or shareholders' meeting. The proposal has yet to be studied and formulated by the company and carried out the review and approval procedures. The details are subject to the plan that has been reviewed and approved.