CGN New Energy Reports 2.35 Million-Share Buyback; Outstanding Shares Unchanged at 4.29 Billion

Bulletin Express
Sep 08

CGN New Energy Holdings Co., Ltd. disclosed that it repurchased a cumulative 2.35 million ordinary shares on the Hong Kong Stock Exchange between 1–8 September 2026 under its existing share buy-back mandate approved on 28 May 2026.

The latest transaction on 8 September involved 566,000 shares, executed within a price range of HKD 2.12–2.16 and costing HKD 1.21 million. Across the six trading sessions, the company paid a volume-weighted average repurchase price of approximately HKD 2.12–2.14 per share, bringing the total cash outlay for the period to about HKD 5.01 million.

Although earmarked for cancellation, the repurchased shares had not been cancelled as of 8 September; consequently, CGN New Energy’s issued share capital remained at 4.29 billion shares. The 2.35 million shares bought represent 0.055% of the 4.29 billion shares authorised for repurchase.

In compliance with Hong Kong listing rules, CGN New Energy is subject to a moratorium on issuing new shares until 8 October 2026. Chairman and Executive Director Hu Guangyao confirmed that all repurchase activities were executed on-market and in full accordance with regulatory requirements.

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