Tranche Update on Beijing Sifang Automation Co.,Ltd's Equity Buyback Plan announced on June 14, 2019.
January 03, 2020
Share
From June 13, 2019 to December 31, 2019, the company has repurchased 7,329,107 shares, representing 0.91% for CNY 41.95 million. With this, the company has completed the repurchase of 7,329,107 shares, representing 0.91% for CNY 41.95 million under the buyback announced on June 14, 2019.
BEIJING SIFANG AUTOMATION CO., LTD is a China-based company, principally engaged in the design of products, development of industrial software, system integration and services in intelligent electricity generation, intelligent power transmission and distribution and intelligent transportation. The Company primarily provides relay protection and substation automation systems, including relay protection and automation equipment, and substation automation systems; power system security and stability monitoring and controlling systems, including dynamic security monitoring systems as well as security and stability controlling systems; power plant automation systems, including power plant electric automation systems; grid relay protection relay and fault information systems, dispatching automation systems, electrical/electronic products, as well as rail transportation automation systems. Its products are applied in electric power, petrochemical, railway, coal and metallurgy industries.
BEIJING SIFANG AUTOMATION CO.,LTD 
