Tranche Update on Beijing Lier High-temperature Materials Co.,Ltd.'s Equity Buyback Plan announced on May 7, 2020.
October 13, 2020 at 03:52 pm EDT
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From July 1, 2020 to September 30, 2020, the company has repurchased 2,590,500 shares, representing 0.22% for CNY 13.32 million. With this, the company has completed the repurchase of 20,682,200 shares, representing 1.74% for CNY 84.74 million under the buyback announced on May 7, 2020.
Beijing Lirr High-temperature Materials Co Ltd is a China-based company, principally engaged in the manufacture and distribution of fireproof materials. The Company primarily provides unsetting fireproof materials, machine press setting fireproof products, fireproof preformed units, functional fireproof materials, ceramic fiber products, burning high purity oxide products and others. The Company is also engaged in the design, research and development, deployment, manufacturing, installation, construction, using and maintenance of fireproof materials of high temperature heat engineering furnace and equipment, as well as the provision of related technical services. The Company's fireproof products are mainly applied in steels, nonferrous metals, petrochemical engineering, construction materials and other industries. The Company distributes its products within domestic market and to overseas markets.
BEIJING LIER HIGH-TEMPERATURE MATERIALS CO.,LTD. 
