Tranche Update on Yonggao Co., Ltd.'s Equity Buyback Plan announced on February 4, 2021.
February 09, 2021 at 11:00 am EST
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From February 3, 2021 to February 9, 2021, the company has repurchased 12,349,989 shares, representing 1% for CNY 81.2 million. With this, the company has completed the repurchase of 12,349,989 shares, representing 1% for CNY 81.2 million under the buyback announced on February 4, 2021.
Era Co Ltd, formerly Yonggao Co Ltd, is a China-based company mainly engaged in the manufacture of plastic pipes. The Company operates in three segments. Plastic Pipe segment is mainly engaged in the research and development, production and sales of polyvinyl chloride (PVC), polyethylene (PE) and random copolymer polypropylene (PP-R) plastic pipes. Electrical Switches segment is mainly engaged in the development and production of electrical switches and other home appliances. Solar Energy segment is mainly engaged in the research and development, production and sales of photovoltaic energy-saving products such as solar cell modules and photovoltaic power generation systems. The Company's products are mainly used for water supply, drainage, municipal engineering water supply, drainage and sewage, photovoltaic power generation, smart home and so on.
ERA CO., LTD. 
