Tranche Update on Dalian East New Energy Development Co., Ltd.'s Equity Buyback Plan announced on September 7, 2018.
January 03, 2019
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From September 6, 2018 to December 31, 2018, the company has repurchased 3,068,000 shares, representing 1.73% for CNY 43.99 million. With this, the company has completed the repurchase of 3,068,000 shares, representing 1.73% for CNY 43.99 million under the buyback announced on September 7, 2018.
Lingda Group Co Ltd, formerly Dalian East New Energy Development Co Ltd, is a China-based company mainly engaged in investment business and photovoltaic power generation business. The Company operates five segments. The Photovoltaic Power Generation Business segment is engaged in the operation of photovoltaic power plants. The Commercial Factoring Business segment is engaged in factoring business. The Naked-eye 3 dimensions (3D) Business segment provides naked-eye 3D / XR general-purpose computing platforms and solutions. The Waste Heat Power Generation Business segment provides services for energy conservation and emission reduction through general contracting, engineering design, equipment manufacturing and complete sets and technical services. Its customers are mainly in the cement industry. The Company also operates Others segment. The Company's investment business areas involve naked-eye 3D, industrial hemp derivative processing and commercial factoring.
LINGDA GROUP CO., LTD. 
