HNAC Technology Co., Ltd. authorizes a Buyback Plan.

HNAC TECHNOLOGY CO.,LTD. is a China-based company principally engaged in the research, development, manufacture and sales of automation and information technology products, as well as the provision of related services. The Company's main products include water conservancy and hydropower automation systems, transformer and distribution protection and automation systems, water conservancy information products, industrial control automation systems, as well as military and enterprise information products. The Company is also engaged in the research, development, manufacture and sales of new energy and intelligent equipment. The Company also provides environmental protection and water treatment products and services.