Group 1 - The 16th meeting of the 11th Supervisory Board was held on July 15, 2025, via communication method, and the resolutions passed are deemed legal and effective according to the Company Law and Articles of Association [1] - The Supervisory Board approved the proposal to adjust the exercise price of the 2020 stock option incentive plan, confirming that the adjustment complies with relevant laws and regulations, and does not harm the interests of the company and its shareholders [1] - The voting results for the proposal were 3 votes in favor, 0 votes against, and 0 abstentions, indicating unanimous support for the adjustment [1] Group 2 - The company is associated with various bond codes, including 127108 (Tai Neng Convertible Bond), 149812 (22 Solar G1), and 148296 (23 Solar GK02) [2]

Core Viewpoint - The company has announced a share repurchase plan aimed at reducing its registered capital by buying back shares for cancellation, with a total funding of between RMB 100 million and RMB 200 million [2]. Group 1: Share Repurchase Plan - The company plans to repurchase its A-shares using self-owned funds and a special loan for stock repurchase, with a maximum repurchase price of RMB 6.69 per share [2]. - The repurchase period is set for 12 months from the approval date at the 2024 annual general meeting [2]. - As of May 31, 2025, the company has not yet implemented any share repurchases, which aligns with the established plan and legal requirements [3]. Group 2: Compliance and Future Actions - The company will disclose the progress of the share repurchase in accordance with relevant regulations, specifically within the first three trading days of each month [3]. - Future repurchases will be conducted based on market conditions, and the company will fulfill its information disclosure obligations timely [4].

Key Points - The company plans to repurchase its shares to enhance investor confidence and reduce registered capital [9][25] - The repurchase will involve A-shares and will be conducted through centralized bidding [2][5] - The maximum repurchase price is set at RMB 6.69 per share [4][15] - The total funds allocated for the repurchase will be between RMB 1 billion and RMB 2 billion [4][18] - The estimated number of shares to be repurchased ranges from approximately 14.95 million to 29.90 million, representing 0.38% to 0.76% of the total share capital [5][24] - The repurchase period will last for 12 months from the date of approval by the shareholders' meeting [6][21] - The company has opened a special securities account for the repurchase [7][34] - The funds for the repurchase will be sourced from the company's own funds, with a commitment from a bank for a special loan of up to RMB 1.8 billion [20][35] - The company has fulfilled the legal requirements for notifying creditors regarding the share repurchase [28][36] - The board of directors has committed to ensuring that the repurchase will not harm the company's debt repayment ability or ongoing operations [25][26]

Core Viewpoint - The company, China Energy Conservation Solar Co., Ltd., is issuing a green corporate bond aimed at carbon neutrality, with interest payments scheduled for May 22, 2025, for bondholders registered by May 21, 2025 [1][2]. Group 1: Bond Issuance Details - The bond, referred to as "23 Solar GK02," has a face value interest rate of 3.13%, resulting in an interest payment of 31.30 CNY per bond (before tax) [3][4]. - The bond will have a maturity period of 2 years, expiring on May 22, 2025, with annual interest payments [2][4]. - Investors have the option to sell the bond back to the issuer at face value during a specified period if the interest rate is adjusted after the third year [2][3]. Group 2: Payment and Tax Information - The interest payment date is set for May 22, 2025, with the interest accrual period from May 22, 2024, to May 21, 2025 [4][5]. - Individual bondholders are subject to a 20% personal income tax on the interest earned, which will be withheld at the time of payment [5][6]. - Foreign institutional investors are exempt from corporate income tax and value-added tax on interest income from this bond until December 31, 2025 [6].