On December 20th, NYSE: JKS announced that the board of directors had authorized the company to extend the stock repurchase plan launched in July 2022 by 18 months until June 30th, 2025. According to the existing stock repurchase plan, the company is authorized to repurchase up to $200 million of ordinary shares represented by American Depositary Shares (ADS). As of the date of this announcement, the company has repurchased approximately $9.1 million of American Depositary Shares authorized under its existing stock repurchase program. According to the extended stock repurchase plan, the company can repurchase up to approximately $190.9 million of ordinary shares represented by American Depositary Shares by June 30, 2025.