杭州海兴电力科技股份有限公司第五届董事会第四次会议决议公告

Group 1 - The company held its fifth board meeting on May 26, 2025, with all nine directors present, achieving a 100% attendance rate [2] - The board approved a share repurchase plan aimed at enhancing investor confidence and supporting the company's long-term incentive mechanisms [2][21] - The repurchase will utilize the company's own funds, with a total amount set between RMB 100 million and RMB 200 million [9][17] Group 2 - The repurchase period is set for 12 months, from May 26, 2025, to May 25, 2026 [5][24] - The maximum repurchase price is capped at RMB 35.00 per share, which is 150% of the average trading price over the previous 30 trading days [10][28] - The repurchased shares will be used for employee stock ownership plans or equity incentives, and any unutilized shares after 36 months will be canceled [12][17] Group 3 - The company plans to repurchase between 2.86 million and 5.71 million shares, representing approximately 0.59% to 1.18% of the total share capital [9][27] - The repurchase will be conducted through the Shanghai Stock Exchange's trading system [4][23] - The company has established a dedicated securities account for the repurchase [40]