Tranche Update on Shenzhen JT Automation Equipment Co.,Ltd's Equity Buyback Plan announced on January 9, 2019.
October 09, 2019
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From April 1, 2019 to September 30, 2019, the company has repurchased 3,485,040 shares, representing 1.43% for CNY 55.95 million. With this, the company has completed the repurchase of 5,636,340 shares, representing 2.31% for CNY 93.65 million under the buyback announced on January 9, 2019.
SHENZHEN JT AUTOMATION EQUIPMENT CO.,LTD is a China-based company principally engaged in the research, development, production and sale of specialized equipment, as well as the provision of related services. The Company's main products include electronic equipment assembly equipment, display module production equipment, aerospace manufacturing equipment and optical flat panels, such as touch panels (TPs), liquid crystal displays (LCDs) and organic light-emitting diodes (OLEDs). Electronic equipment assembly equipment include wave soldering, reflow, automatic optical inspection (AOI), three dimension (3D) Solder Paste Inspection (SPI) systems and peripheral products. The Company's products are mainly used in consumer electronics, automotive electronics, communications electronics and aerospace electronics. The Company distributes its products mainly in domestic market.