Sungrow Power Supply Co., Ltd. (SZSE:300274) announces a share repurchase program. Under the program, the company will repurchase its own shares worth CNY 1,000 million worth of its Class A shares. The repurchases will be funded using the company's own funds.

The share repurchase price will not more than CNY 100 per share. The repurchased shares will be used for employee stock ownership plan or equity incentive plan. The program will be valid for 12 months.