Tranche Update on Guangdong PAK Corporation Co., Ltd.'s Equity Buyback Plan announced on February 1, 2019.
June 17, 2019
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From April 1, 2019 to June 17, 2019, the company has repurchased 1,826,500 shares, representing 0.66% for CNY 25.71 million. With this, the company has completed the repurchase of 3,710,218 shares, representing 1.33% for CNY 54.93 million under the buyback announced on February 1, 2019.
Guangdong PAK Corporation Co Ltd is a China-based company mainly engages in the research and development, production and sales of light-emitting diode (LED) lighting fixtures, lighting sources and lighting control products, and provides customers with comprehensive lighting solutions and related professional services. The Company's main products include two categories: LED lighting products and lighting control and other products. LED lighting products include light source products such as bulbs, straight tube lamps, soft light strips, downlights, spotlights, street lights, fire emergency lights, garden lights, as well as various lamps such as light panels and brackets. The Company's lighting products are used in residential, office buildings, hotels, subways, other buildings and outdoor landscape lighting. Lighting control and other products include switches, sockets, ventilators, bathroom heaters, coolers, low-voltage electrical appliances and others.