Tranche Update on Keli Motor Group Co., Ltd.'s Equity Buyback Plan announced on March 17, 2020.
July 02, 2020 at 03:34 pm EDT
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From March 16, 2020 to June 30, 2020, the company has repurchased 250,000 shares, representing 0.18% for CNY 5.48 million. With this, the company has completed the repurchase of 250,000 shares, representing 0.18% for CNY 5.48 million under the buyback announced on March 17, 2020.
KELI MOTOR GROUP CO., LTD. formerly Hunan Keli Motor Co., Ltd. is a China-based company which is mainly engaged in research and development, manufacture and sales of micro motors. The Companyâs main products include shaded pole motors, universal motors, direct-current brushless motors, step motors, servo motors and others. The Companyâs products are mainly used in household appliances, office security products, industrial automation products and other products, such as refrigerators, washing machines, microwave ovens, hair dryers, copiers, monitoring automation equipments, industrial robots motors, infusion pumps, nuclear magnetic resonance imaging equipments, plug-in machines and others.