Zhejiang Power New Energy (SH:688184) Zheng Quan Zhi Xing·2025-09-02 16:14Core Viewpoint - Zhejiang Pava New Energy Co., Ltd. has announced the progress of its fifth share repurchase plan, which aims to stabilize the company's stock price and will utilize the repurchased shares for employee stock ownership plans or equity incentives [1][3]. Summary by Sections Share Repurchase Plan - The share repurchase plan was first disclosed on June 12, 2025, and is set to be implemented within three months after approval by the shareholders' meeting [1]. - The expected repurchase amount ranges from 10 million to 20 million RMB [1]. - The repurchase price will not exceed 13.88 RMB per share [1]. Progress of Share Repurchase - As of August 31, 2025, the company has repurchased a total of 890,000 shares, which accounts for 0.56% of the total share capital [3]. - The total amount spent on the repurchase is approximately 9,654,829.34 RMB, with the highest transaction price being 11.15 RMB per share and the lowest at 9.91 RMB per share [3]. Other Matters - The company will adhere to relevant regulations and guidelines during the repurchase period and will disclose information regarding the progress of the share repurchase in a timely manner [4].