Tianhua Xinneng announced that on November 4, 2026, Pei Zhenhua, the controlling shareholder, actual controller and chairman of the company proposed that the company repurchase some A-shares through centralized bidding transactions, with a total repurchase capital of not less than 100 million yuan or no more than 200 billion yuan. The upper limit of the repurchase price is not higher than 150% of the average stock trading price in the 30 trading days before the board of directors deliberates and approves the buyback plan. The repurchase of shares is intended to be used to cancel capital cuts or employee stock ownership plans and share incentives. The implementation period is 12 months from the date the repurchase plan is reviewed and approved. Pei Zhenhua promised to push the board of directors to review the matter and vote in favor. He and the co-actors did not trade the company's shares in the previous six months, and there are no plans to increase or decrease their holdings during the repurchase period. There is still uncertainty about this repurchase.

Tianhua Xinneng announced that on November 4, 2026, Pei Zhenhua, the controlling shareholder, actual controller and chairman of the company proposed that the company repurchase some A-shares through centralized bidding transactions, with a total repurchase capital of not less than 100 million yuan or no more than 200 billion yuan. The upper limit of the repurchase price is not higher than 150% of the average stock trading price in the 30 trading days before the board of directors deliberates and approves the buyback plan. The repurchase of shares is intended to be used to cancel capital cuts or employee stock ownership plans and share incentives. The implementation period is 12 months from the date the repurchase plan is reviewed and approved. Pei Zhenhua promised to push the board of directors to review the matter and vote in favor. He and the co-actors did not trade the company's shares in the previous six months, and there are no plans to increase or decrease their holdings during the repurchase period. There is still uncertainty about this repurchase.