Tranche Update on Jiangsu Linyang Energy Co., Ltd.'s Equity Buyback Plan announced on January 9, 2020.
January 09, 2021
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From January 1, 2021 to January 7, 2021, the company has repurchased 7,249,635 shares, representing 0.42% for CNY 65.14 million. With this, the company has completed the repurchase of 41,964,582 shares, representing 2.43% for CNY 300.03 million under the buyback announced on January 9, 2020.
Jiangsu Linyang Energy Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of electrical meters. Its electrical meters include three-phase intelligent power meters, collectors, concentrators, power selling terminals and bidirectional converters, among others. The Company is also engaged in the development, investment, construction and operation of photovoltaic power stations, the research, development, manufacture and sales of monocrystal photovoltaic modules, energy performance contracting and the research, development, manufacture and sales of liquid emitting diode (LED) products. The Company operates businesses in both domestic and overseas markets.