Tranche Update on Shenzhen Riland Industry Group Co.,Ltd.'s Equity Buyback Plan announced on April 14, 2020.
April 02, 2021 at 03:35 pm EDT
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From January 1, 2021 to March 31, 2021, the company has repurchased 2,126,700 shares, representing 0.47% for CNY 12.21 million. With this, the company has completed the repurchase of 5,565,899 shares, representing 1.22% for CNY 31.96 million under the buyback announced on April 14, 2020.
Shenzhen Riland Industry Group Co Ltd, formerly Shenzhen Riland Industry Co Ltd, is a China-based company principally engaged in the research, development, manufacture and sales of inverter welding equipment, welding automation products and welding accessories, as well as the provision of related services. Its inverter welding equipment includes inverter direct current manual arc welding machines, inverter argon arc welding machines, inverter semi-automatic gas shielded welding machines and inverter plasma cutting machines. Its welding automation products include welding carriages, digital welding equipment, efficient welding systems and robotic welding system integration. Its welding accessories include welding and cutting accessories and welding protection products. The Company distributes its products in the domestic market and to overseas markets.
SHENZHEN RILAND INDUSTRY GROUP CO., LTD 
