Tranche Update on Suntront Technology Co., Ltd.'s Equity Buyback Plan announced on February 6, 2024.
May 06, 2024 at 12:00 pm
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From February 5, 2024 to May 5, 2024, the company has repurchased 18,426,694 shares, representing 1.6% for CNY 54.06 million. With this, the company has completed the repurchase of 18,426,694 shares, representing 1.6% for CNY 54.06 million under the buyback announced on February 6, 2024.
Suntront Technology Co Ltd is a China-based company mainly engaged in the research and development, production, sales and service of comprehensive Internet of thing (IoT) smart energy solutions and related products. The Company's products mainly include IoT smart water meters, smart gas meters, smart heat meters, and industrial and commercial smart electromagnetic flow meters, smart water services, smart agricultural water conservation, smart water conservancy, smart heat, cloud services, and others. The Company's products cover energy metering, data collection, data monitoring, data analysis, cloud platform services, and others. The Company's products are widely used in digital management of energy management departments such as water companies, gas companies, heating companies, and property companies.