Xinyi Solar Executes Additional Buyback; 2.00 Million Shares Repurchased on 22 September at HKD 1.99 Each

Bulletin Express09-22 19:02

Hong Kong – 22 September 2026 – Xinyi Solar Holdings Limited disclosed in its latest Next Day Disclosure Return that it repurchased 2.00 million ordinary shares on 22 September 2026 at HKD 1.99 per share, for a total consideration of HKD 3.98 million. The shares are intended for cancellation and represent approximately 0.02% of the company’s 9.15 billion issued shares outstanding prior to the transaction.

Including this latest trade, Xinyi Solar has acquired 14.00 million shares for cancellation since 9 September 2026 under the current share-repurchase mandate approved on 29 May 2026. These cumulative repurchases equate to 0.15% of the company’s issued share base at the mandate date and were executed at prices ranging from HKD 1.99 to HKD 2.10, for an estimated aggregate consideration of HKD 28.94 million.

Despite the ongoing buyback activity, the company’s issued share capital remains unchanged at 9,147,043,615 shares as the repurchased shares have not yet been cancelled. In line with Hong Kong Stock Exchange regulations, Xinyi Solar is subject to a 30-day moratorium on issuing new shares or disposing of treasury shares, expiring on 22 October 2026.

The board confirms that all repurchases were conducted on the Stock Exchange of Hong Kong, complied with the prevailing listing rules, and were executed within the limits of the authorised mandate, which permits repurchases of up to 914.70 million shares.

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