Sinovel Wind Group Co., Ltd. (SHSE:601558) commences share repurchases on February 4, 2020, under the program mandated by the shareholders in the Special Shareholders' Meeting held on November 21, 2019. As per the mandate, the company is authorized to repurchase its class A shares for not more than CNY 30 million. The shares will be purchased at a price not exceeding CNY 1.05 per share. The repurchase program will be funded from company's own funds. The repurchase program is valid for a period of 6 months from shareholders' approval.