After market close on September 16, Deye Technology disclosed its share buyback plan via centralized bidding, proposing to use no less than 100 million yuan and no more than 200 million yuan of its own funds to repurchase shares, with a ceiling price of no more than 133 yuan per share, which is 1.56 times the company's closing price of 85.12 yuan on September 16. Based on this ceiling, the expected number of shares to be repurchased is approximately 751,900 to 1,503,800 shares, accounting for about 0.06 percent to 0.12 percent of the company's total share capital, while the buyback amount represents only 0.80 percent of total assets and 1.74 percent of net assets respectively. The repurchased shares will be used for employee stock ownership plans or equity incentives at an appropriate time in the future. If they cannot be transferred within the prescribed period, the untransferred shares will be cancelled. The buyback was proposed by the company's actual controller and chairman Zhang Hejun. The board of directors received his proposal letter on September 8, 2026, and subsequently approved the buyback plan at the 27th meeting of the third board of directors held on September 16. The announcement also stated that as of September 16, the company's controlling shareholder, actual controller, directors, and senior management have no plans to reduce their shareholdings in the next three months or six months.
Ningbo Deye Technology Co LtdDeye Technology plans a buyback of up to 200 million yuan at a ceiling price 1.56x its closing price, funded by its own capital.
