Tranche Update on Opple Lighting Co.,LTD's Equity Buyback Plan announced on December 29, 2023.
February 22, 2024
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From January 1, 2024 to February 21, 2024, the company has repurchased 9,999,973 shares, representing 1.34% for CNY 162.99 million. With this, the company has completed the repurchase of 9,999,973 shares, representing 1.34% for CNY 162.99 million under the buyback announced on December 29, 2023.
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.