Tranche Update on Beijing SOJO Electric Co., Ltd.'s Equity Buyback Plan announced on January 24, 2020.
October 09, 2020 at 09:30 pm IST
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From July 1, 2020 to September 30, 2020, the company has repurchased 0 shares, representing 0% for CNY 0 million. With this, the company has completed the repurchase of 6,078,800 shares, representing 1.04% for CNY 25.01 million under the buyback announced on January 24, 2020.
Beijing Sojo Electric Co Ltd is a China-based company principally engaged in the research, development and sales of power transmission and distribution equipment. The main products of the smart electrical business are power transmission and distribution equipment and control systems below 40.5kV, including ring main units, pole-mounted switches, complete sets of high and low voltage switch cabinets, a full range of low voltage switch cabinets, power quality management and other products, and a full range of 110kV and below Transformers, prefabricated and box-type substations, distribution network automation monitoring systems and other distribution automation products. The smart energy business is mainly engaged in photovoltaic engineering, procurement and construction (EPC) business, energy storage business, electricity sales business, power operation and maintenance business and wind power and other new energy businesses.