Ming Yang Smart Energy Group Limited (SHSE:601615) announces a share repurchase program. Under the program, the company will repurchase up to CNY 1,000 million worth of class A shares. The shares will be repurchased at a price of not more than CNY 20 per share. The shares purchased will be used for the company's equity incentive plan. The program will be funded out of the company's self-owned funds. The program will be valid till 12 months.

On June 8, 2023, the company announced that after the 2022 profit distribution, the company adjusted the maximum repurchase price from not more than CNY 20 per share to not more than CNY 19.70 per share.