Tranche Update on Jiangsu Linyang Energy Co., Ltd.'s Equity Buyback Plan announced on January 9, 2020.
January 05, 2021
Share
From July 1, 2020 to December 31, 2020, the company has repurchased 21,923,147 shares, representing 1.28% for CNY 164.71 million. With this, the company has completed the repurchase of 34,714,947 shares, representing 2.01% for CNY 234.89 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.