Tranche Update on Opple Lighting Co.,LTD's Equity Buyback Plan announced on March 11, 2022.
May 18, 2022
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From April 1, 2022 to May 17, 2022, the company has repurchased 3,432,341 shares, representing 0.46% for CNY 74.86 million. With this, the company has completed the repurchase of 7,542,141 shares, representing 1% for CNY 149.71 million under the buyback announced on March 11, 2022.
Opple Lighting Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of illumination products. The Companyâs products include home lighting fixtures, light sources, commercial lighting lamps, illumination control system and others. Its home lighting fixtures include living room series, dinning series, bedroom series, Childrenâs room series, study room series, kitchen series and balcony series. Its commercial lighting lamps include downlight series, spotlights, as well as lamp panels, among others. Its light source products mainly include energy-saving light sources and brackets. Its illumination control products and others include switches, sockets, electrical modules, as well as bathroom masters. The Company distributes its products within domestic market and to overseas markets, including South Africa, South Asia, Middle East and North Africa.