TIANNENG POWER Executes 0.32-Million-Share Buyback on 25 Sep; Cumulative Repurchases Hit 7.61 Million under 2026 Mandate

Bulletin Express09-25

Tianneng Power International Limited (abbreviation: TIANNENG POWER) filed a Next Day Disclosure Return with the Hong Kong Stock Exchange on 25 September 2026, detailing the latest movements in its share capital and buy-back activities.

• Latest repurchase: On 25 September 2026, TIANNENG POWER bought back 322,000 ordinary shares on the HKEX at prices ranging between HKD 3.725 and HKD 3.81, for a total consideration of HKD 1.22 million. All repurchased shares are designated for cancellation.

• Ongoing cancellation pipeline: Including the 25 September transaction, shares bought back but not yet cancelled now total 7.61 million, acquired between 11 and 25 September at volume-weighted average prices of HKD 3.78–3.97 per share. These pending cancellations represent 0.68% of the company’s pre-repurchase issued share capital.

• Share capital status: The company’s issued share count stood unchanged at 1.13 billion as of both 22 and 25 September 2026. The cancellation of the 7.61 million treasury shares will reduce the share base once processed.

• Mandate utilisation: The current buy-back mandate, approved on 8 June 2026, authorises repurchases of up to 112.61 million shares. To date, 7.61 million shares—equivalent to 0.68% of the shares outstanding on the mandate date—have been repurchased under this authority.

• Issuance moratorium: In line with HKEX rules, TIANNENG POWER is restricted from issuing new shares or transferring treasury shares until 25 October 2026, 30 days after the most recent repurchase.

All repurchase activities were executed on-market and, according to the company’s filing, complied with Hong Kong listing regulations and the terms of its May 2026 explanatory statement.

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