Changchun Zhiyuan New Energy Equipment Co., Ltd announces an Equity Buyback for 2,000,000 shares, for CNY 70 million.

Changchun Zhiyuan New Energy Equipment Co Ltd is a China-based company principally engaged in the research and development, production and sales of vehicle-mounted Liquefied Natural Gas (LNG) gas supply systems. The Company mainly provides LNG gas supply systems for domestic heavy-duty trucks and construction vehicles and other commercial vehicles. The Company's main products include vehicle-mounted LNG gas supply systems and vehicle air reservoirs. Among them, the vehicle-mounted LNG gas supply systems include single-cylinder back-mounted LNG gas supply system, double-cylinder back-mounted LNG gas supply system, integrated side-mounted LNG gas supply system, and split side-mounted LNG gas supply system. Vehicle air reservoirs include single-cavity air reservoirs and double-cavity air reservoirs. The Company mainly distributes its products in the domestic market.