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 shares. The shares will be repurchased at a price of CNY 150 per share.

The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentive plans. The program is valid till 12 months.