Stock code: 688599 Stock abbreviation: Trina solar announcement number: 2024-057.

Convertible Bond Code: 118031 Convertible Bond Short for: Day 23 Convertible Bond

SkyTeam Energy Co., Ltd.

Report on the repurchase of shares by means of centralized bidding.

the company's board of directors and all directors to ensure that the contents of this announcement does not exist any false records, misleading statements or major omissions, and the authenticity, accuracy and completeness of the contents of the legal responsibility.

Important Content Tips:

● Amount of shares to be repurchased: not less than RMB 1,000 million (inclusive) and not more than RMB 1,200 million

Yuan (inclusive);

:: Sources of funds for share repurchase: the company's own funds;

● Purpose of share repurchase: the repurchased shares will be used to convert corporate bonds issued by the company that can be converted into shares; ● Share repurchase price: not more than RMB 31.00 per share (inclusive), which is not higher than 150 of the average trading price of the company's shares in the 30 trading days prior to the adoption of the repurchase resolution by the board of directors of the company;

:: Share repurchase method: centralized bidding;

:: Period of share repurchase: 12 months from the date of approval of the repurchase plan by the Board of Directors;

:: Whether the relevant shareholder has a reduction plan:

On March 21, 2024, the Company disclosed "Trine Light Energy Co., Ltd. regarding the controlling shareholder, actual

Prompt Announcement on Internal Agreement Transfer of Some Shares and Changes in Rights and Interests between Controllers and Concerted Actors (Announcement No.: 2024-027). The controlling shareholder and actual controller of the company, Mr. Gao Jifan, and his concerted action person, Jiangsu Panji Investment Co., Ltd. (hereinafter referred to as "Panji Investment"), plan to transfer through agreement due to the needs of Mr. Gao Jifan's family asset planning, transfer the total holding of 108,968,300 shares of the Company with unlimited circulation (of which, Mr. Gao Jifan transferred 88,054,971 shares and Panji Investment transferred 20,913,329 shares) to Ms. Wu Chunyan. Panji Investment is a 100 per cent controlled enterprise of Mr. Gao Jifan, and Mr. Gao Jifan and Ms. Wu Chunyan are husband and wife and are acting in concert. The transfer of this agreement belongs to the internal shareholding adjustment of the concerted action person, does not involve external transfer, as of the disclosure date of this announcement, has not yet completed the non-transaction transfer.

In addition, as of now, other directors, supervisors, senior managers, and shareholders holding more than 5% of the company have replied that they have no plans to reduce their shares in the company in the next 3 months and the next 6 months. If relevant personnel

future plans to implement the share reduction plan, the company will be in accordance with the relevant provisions of the timely discharge of information disclosure obligations.

● Relevant risk tips:

1. If there is a risk that the share price of the Company's shares will continue to exceed the repurchase price limit during the repurchase period, the repurchase program will not be successfully implemented;

2. In the event of a material event that has a material impact on the trading price of the Company's shares, or a material change in the Company's production and operation, financial situation or external objective circumstances, or other risks that cause the Company to change or terminate the repurchase program in accordance with the relevant regulations;

3. The repurchase of shares by the Company is intended to be used to convert the bonds issued by the Company that can be converted into shares. If the company fails to implement the above-mentioned purposes within the time limit prescribed by laws and regulations, there is a risk of initiating the cancellation procedure of the untransferred part of the shares;

4. In the event of the promulgation of new repurchase-related regulatory documents by the regulatory authorities, there will be a risk that the corresponding provisions of the repurchase will need to be adjusted in accordance with the new regulatory regulations during the implementation of this repurchase.

The company will make and implement the repurchase decision according to the market situation within the repurchase period, and timely fulfill the information disclosure obligation according to the progress of the repurchase of shares. Please pay attention to the investment risk of the majority of investors.

Review and Implementation Procedure of 1. Repurchase Scheme

(I) of June 25, 2024, the company held the seventh meeting of the third board of directors, deliberated and passed

Proposal to repurchase the Company's shares by means of a centralized bidding transaction. All the directors of the company attended the meeting and passed the motion with 9 votes in favor, 0 against and 0 abstention.

(II), in accordance with the provisions of Articles 23 and 25 of the Articles of Association of Trine Light Energy Co., Ltd., this share repurchase plan does not need to be submitted to the company's shareholders meeting for deliberation.

The above-mentioned board of directors review time, procedures, etc. are in line with the Shanghai Stock Exchange listed companies self regulatory guidelines No. 7-share repurchase and other relevant provisions.

Key elements of the 2. buyback programme

The main elements of this repurchase program are as follows:

Repurchase Program First Disclosure Date 24/6/26

The implementation period of the repurchase plan is 12 months after the approval of the board of directors.

Proposal Date and Proposer 2024/6/25

Estimated Repurchase Amount 1,000 million ~ 1,200 million yuan

Repurchase source of funds own funds

Repurchase price ceiling 31.00 yuan/share

□ Reduction of registered capital

Purposes of repurchase □ Used for employee stock ownership plans or equity incentives

√ For conversion of corporate convertible bonds

□ To safeguard company value and shareholders' equity

Share repurchase method Centralized bidding transaction method

Number of shares to be repurchased 32.258065 million to 38.709677 million (based on the repurchase price

Limited calculation)

Repurchased shares account for 1.48 to 1.78 per cent of total share capital.

Name of Repurchase Securities Account Tris Light Energy Co., Ltd. Repurchase Special Securities Account

Repurchase Securities Account Number B885832451

Purpose of (I) share repurchase

Based on the confidence in the company's future development prospects and the recognition of the company's intrinsic value, in order to safeguard the company's value and the interests of the majority of investors, enhance investor confidence, and comprehensively consider the current operating situation, financial situation, future profitability and other factors, the company plans to repurchase shares through centralized bidding trading, All the repurchased shares will be used to convert corporate bonds issued by the company that can be converted into stocks.

Types of shares to be repurchased by the (II)

A shares of RMB ordinary shares issued by the Company.

(III) manner of repurchasing shares

The Company intends to repurchase its shares through the Shanghai Stock Exchange system by means of centralized bidding.

Implementation period of (IV) share repurchase

Within 12 months from the date of consideration and approval of the repurchase plan by the Board of Directors of the Company. During the implementation of the repurchase, if the Company's shares are suspended for more than 10 consecutive trading days due to the planning of major events, the repurchase plan will be postponed and disclosed in a timely manner after the resumption of trading of the shares.

The repurchase period expires early if the following conditions are met:

1. If, during the repurchase period, the amount of repurchase funds used reaches the maximum limit, the implementation of the repurchase program is completed and the repurchase period expires early from that date;

2. If the amount of repurchase funds used reaches the minimum limit during the repurchase period, the repurchase program may expire early from the date on which the Company's management decides to terminate the repurchase program;

3. If the Board of Directors of the Company resolves to terminate this repurchase program, the repurchase period shall expire early from the date on which the Board of Directors resolves to terminate this repurchase program;

4. The company shall not repurchase shares during the following periods:(1) from the date of occurrence of major events that may have a significant impact on the trading prices of the company's securities and their derivatives or in the process of decision-making to the date of disclosure in accordance with the law;(2) other circumstances prescribed by the CSRC and the Shanghai Stock Exchange.

During the term of this repurchase program, if the relevant laws, regulations and normative documents change the relevant provisions of the above-mentioned period of no repurchase, the period of no repurchase shall be adjusted accordingly in accordance with the requirements of the latest laws, regulations and normative documents.

The purpose, number of shares to be repurchased by the (V), the proportion of the company's total share capital, and the total amount of funds.

The repurchased shares will be used to convert corporate bonds issued by the company that can be converted into stock.

Total repurchase funds: not less than RMB 1,000 million (inclusive) and not more than RMB 1,200 million

Yuan (inclusive).

Number of shares to be repurchased: according to the lower limit of the repurchase amount and the upper limit of the repurchase price, the number of shares to be repurchased is about 32,258,065 shares, accounting for about 1.48 of the company's current total share capital; according to the upper limit of the repurchase amount and the upper limit of the repurchase price, the number of shares to be repurchased is about 38,709,677 shares, accounting for about 1.78 of the company's current total share capital. The specific number of repurchases and the proportion of the total share capital of the Company shall be subject to the actual repurchase of the Company at the time of the completion of the repurchase or the expiration of the repurchase implementation period.

If the Company implements ex-rights and ex-dividend events such as capitalization of capital reserve, distribution of stock dividends, stock splitting, share reduction or share allotment during the repurchase period, the Company will adjust the number of repurchased shares accordingly in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange.

Price or price range, pricing principle for (VI) repurchase of shares

The price of the repurchased shares shall not exceed RMB 31.00 per share (inclusive), which shall not be higher than 150 of the average trading price of the Company's shares in the 30 trading days prior to the adoption of the repurchase resolution by the Board of Directors of the Company.

If the Company implements ex-rights and ex-dividend events such as capitalization of capital reserve, cash dividends, distribution of stock dividends, share allotment, stock split or share reduction during the repurchase period, the Company will adjust the repurchase price ceiling accordingly in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange.

(VII) sources of funds for share buybacks

The source of funds for the repurchase of shares is the company's own funds.

Changes in the Company's shareholding structure after the (VIII)'s expected repurchase

According to the lower limit of the repurchase amount of RMB 1,000 million (inclusive) and the upper limit of RMB 1,200 million

Yuan (inclusive), the repurchase price ceiling of 31.00 yuan/share is measured, this is expected to repurchase 32,258,065 shares.

38,709,677 shares are used to convert corporate bonds issued by the company that can be converted into stock, and the repurchase is expected to be completed.

The changes in the company's equity structure after the change are as follows:

After the repurchase before the repurchase

(at repurchase floor) (at repurchase ceiling)

Class of Shares

Number of shares Proportion Number of shares (shares) Proportion Number of shares Proportion (%)

(shares) (%) (%) (shares)

Shares in circulation with limited sale conditions 0 0 0 0 0 0 0

Unlimited sale conditions circulation of shares 2,179,365,056 100.00 2,179,365,056 100.. 00 2,179,365,056 100.00

Of which: Repurchase Special Securities 13,491,637 0.62 45,749,702 2.10 52,201,314 2.40

Account

Total number of shares 2,179,365,056 100.00 2,179,365,056 100.00 2,179,365,056 100.00

Note: The above table shows the number of shares before this repurchase as of June 24, 2024, the actual number of shares repurchased and the percentage of shares repurchased.

The proportion of the total share capital shall be subject to the announcement of the results of the implementation of the share repurchase disclosed by the company.

(IX) the repurchase of shares has a significant impact on the Company's day-to-day operations, finances, research and development, profitability, debt performance, and,

Analysis of the possible impact of future development and maintenance of listing status.

1, the repurchase funds will be paid during the repurchase period, with a certain degree of flexibility. As of 2024 3

On January 31 (unaudited), the company's current assets were 82,802,957,384.54 yuan, total assets

132,630,439,168.98 yuan, net assets attributable to shareholders of listed companies of 32,041,626,178.84 yuan,

According to the upper limit of the repurchase funds of 1,200 million yuan, accounting for 1.45 of the above financial data, 0.90, respectively,

3.75 percent. According to the company's operation and future development plan, the company believes that the repurchase will be capped at RMB 1,200 million.

The shares will not have a significant impact on the company's operations, finances and future development, and the company has the ability to pay the repurchase price.

paragraph.

2, the implementation of the share repurchase on the company's solvency and other financial indicators have little impact, as of 2024 3.

At 31 January (unaudited), the Company's balance sheet was 71.73 per cent and monetary funds were 23,775,991,859.07 per cent.

yuan, which will not have a significant impact on the company's solvency. The repurchased shares will be used to convert the Company's issuable

The conversion of corporate bonds into stocks is conducive to enhancing team cohesion, research and development capabilities and the company's core competitiveness,

It is conducive to improving the company's operating performance and promoting the company's long-term, healthy and sustainable development. Repurchase of shares will not hurt

harm the company's ability to meet its obligations and continue to operate.

3. After the completion of the share repurchase, it will not lead to a change in the control of the Company, and the distribution of the Company's shares after the repurchase will be in line with the conditions of a listed company and will not affect the Company's listing status.

The directors, supervisors, controlling shareholders, actual controllers and persons acting in concert with the (X) listed company shall make a reply to the board of directors.

Whether or not to buy or sell shares of the Company within 6 months prior to the resolution to purchase shares, whether there is a separate or

A description of insider trading and market manipulation in conjunction with others, as well as an increase in the repurchase period.

Reduction Plan

In the first 6 months, Vice Chairman and Deputy General Manager Gao Jiqing, Deputy General Manager Chen Yifeng, Chief Financial Officer Wu Sen, and Board Secretary Wu Qun completed the first grant of part of the third vesting period of the Trina Light Restricted Stock Incentive Plan. There is no conflict of interest, insider trading and market manipulation with this repurchase plan.

In the first 6 months, the controlling shareholder and actual controller of the company, Mr. Gao Jifan, and his concerted action person, Panji Investment, due to the needs of Mr. Gao Jifan's family asset planning, intends to transfer the total 108,968,300 shares of the company through an agreement. Unlimited sale of tradable shares (of which, Mr. Gao Jifan transferred 88,054,971 shares, Panji

Investment Transfer 20,913,329 shares) to Ms. Wu Chunyan. Details of the company on March 21, 2024

The "suggestive announcement of Trina Light Energy Co., Ltd. on the transfer of some shares and changes in equity by internal agreement between controlling shareholders, actual controllers and persons acting in concert" (Announcement No.: 2024-027) disclosed on the website of Shanghai Stock Exchange (www.sse.com.cn), there is no conflict of interest, insider trading and market manipulation with this repurchase plan.

In addition, other directors and supervisors of the company did not buy or sell the company's shares within 6 months before the board of directors made the resolution to repurchase shares; there was no conflict of interest with this repurchase plan, no insider trading and market manipulation.

The above-mentioned personnel have no plans to increase or decrease their holdings between the start of this repurchase and the completion of its implementation. If the above-mentioned personnel have a plan to increase or decrease their shareholding, the company will strictly abide by the relevant laws and regulations to fulfill its information disclosure obligations in a timely manner.

(11) The listed company shall hold 5% of the shares to the directors, supervisors, controlling shareholders, actual controllers and persons acting in concert.

Shareholders on the board asked whether there was a plan to reduce their holdings in the next 3 months and the next 6 months.

Shareholders sent letters of inquiry asking whether there is a plan to reduce their holdings in the next 3 months, the next 6 months, etc.

On March 21, 2024, the Company disclosed "Trine Light Energy Co., Ltd. regarding the controlling shareholder, actual

Prompt Announcement on Internal Agreement Transfer of Some Shares and Changes in Equity between Controllers and Persons Acting in Concert (Announcement No.: 2024-027). Due to the needs of Mr. Gao Jifan's family asset planning, the controlling shareholder and actual controller of the company and its persons acting in concert, Panji Investment plans to sell 108,968,300 shares of the company held in total through agreement (among them, Mr. Gao Jifan transfers 88,054,971 shares, panji Investment Transfer 20,913,329 shares) transferred to Ms. Wu Chunyan. Panji Investment is a 100 per cent controlled enterprise of Mr. Gao Jifan, and Mr. Gao Jifan and Ms. Wu Chunyan are husband and wife and are acting in concert. The transfer of this agreement belongs to the internal shareholding adjustment of the concerted action person, does not involve external transfer, as of the disclosure date of this announcement, has not yet completed the non-transaction transfer.

In addition, as of now, other directors, supervisors, senior managers, and shareholders holding more than 5% of the company have replied that they have no plans to reduce their shares in the company in the next 3 months and the next 6 months. If the relevant personnel in the future to implement the share reduction plan, the company will be in accordance with the relevant provisions of the timely discharge of information disclosure obligations.

(xii) Arrangements relating to the cancellation or transfer of shares after repurchase in accordance with the law

The repurchased shares are intended to be used to convert the convertible bonds issued by the listed company at an appropriate time in the future, and the company will transfer the shares in accordance with the relevant laws and regulations. If the Company fails to complete the transfer of the repurchased shares within three years after the date of the implementation result of the share repurchase and the announcement of the share change, the procedure of reducing the registered capital will be carried out in accordance with the law, the untransferred shares will be canceled and the registered capital of the Company will be reduced accordingly. The shares repurchased shall be transferred or canceled within three years after the announcement of the implementation results of the share repurchase and the announcement of the share change, and the Company will perform its information disclosure obligations in a timely manner according to the specific implementation.

(xiii) Arrangements related to the company's prevention of infringement of the interests of creditors

In the event of share cancellation, the company will, in accordance with the the People's Republic of China Company Law and other relevant provisions, perform legal procedures such as notifying creditors to fully protect the legitimate rights and interests of creditors.

(xiv) Specific authorization to handle the share repurchase

In order to smoothly, efficiently and orderly complete the relevant work of the company's share repurchase, the board of directors of the company authorized the management of the company to handle the relevant matters of the share repurchase. Authorized content and scope include but are not limited:

1. opportunistic repurchase of shares during the repurchase period, including the specific timing, price and quantity of shares to be repurchased;

2. Handling relevant approval matters, including but not limited to production, modification, authorization, signing, execution and this

All necessary documents, contracts, agreements, etc. related to the repurchase of shares; amendments to the Articles of Association and other information and documents that may involve changes in accordance with the actual repurchase situation; amendments to the Articles of Association and registration of industrial and commercial changes;

3. If the regulatory authorities change their policies on share repurchase or market conditions change, except for matters involving relevant laws, regulations and the Articles of Association that must be re-voted by the board of directors, the management of the company is authorized to repurchase shares. The specific plan and other related matters shall be adjusted accordingly;

4. In accordance with applicable laws, regulations and relevant provisions of regulatory authorities, handle other matters not listed above but necessary for this share repurchase.

The above authorization is valid from the date of consideration and approval of the repurchase program by the Board of Directors to the date of completion of the above authorization.

Uncertainty Risk of 3. Repurchase Plans

1. There is a risk that the share price of the Company's shares will continue to exceed the upper limit of the repurchase price during the repurchase period, resulting in the failure to implement the repurchase program smoothly;

2. If there are major events that have a significant impact on the company's stock trading price, or major changes in the company's production and operation, financial situation and external objective conditions, or other events that cause the company's board of directors to decide to terminate the repurchase plan, there is a risk that the repurchase plan cannot be implemented smoothly or the repurchase plan can be changed or terminated in accordance with relevant regulations;

3. The repurchase of shares by the Company is intended to be used to convert the bonds issued by the Company that can be converted into shares. If the company fails to implement the above-mentioned purposes within the time limit prescribed by laws and regulations, there is a risk of initiating the cancellation procedure of the untransferred part of the shares;

4. In the event of the promulgation of new repurchase-related normative documents by the regulatory authorities, there is a risk that the corresponding provisions of the repurchase will need to be adjusted in accordance with the new regulatory regulations during the implementation of this repurchase.

The company will make and implement the repurchase decision according to the market situation within the repurchase period, and timely fulfill the information disclosure obligation according to the progress of the repurchase of shares. Please pay attention to the investment risk of the majority of investors.

4. other matters

1. Opening of special securities accounts for share repurchases

In accordance with the relevant regulations, the Company has opened a special securities account for share repurchase in the Shanghai Branch of China Securities Depository & Clearing Corporation Limited, as follows:

Name of Holder: Repurchase Special Securities Account of SkyTeam

Securities account number: B885832451

The account is used solely for the repurchase of company shares.

2, follow-up information disclosure arrangements.

The company will make and implement the repurchase decision according to the market situation within the repurchase period, and timely fulfill the information disclosure obligation according to the progress of the repurchase of shares. Please pay attention to the investment risk of the majority of investors.

It is hereby announced.

Board of Directors of SkyTeam

26 June 2024