Tranche Update on Hunan Oil Pump Co., Ltd.'s Equity Buyback Plan announced on October 29, 2018.
April 30, 2019 at 06:32 am
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From October 29, 2018 to April 26, 2019, the company has repurchased 1,396,800 shares, representing 1.33% for CNY 30.09 million. With this, the company has completed the repurchase of 1,396,800 shares, representing 1.33% for CNY 30.09 million under the buyback announced on October 29, 2018.
Hunan Oil Pump Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of engine pump products. The Company operates five segments, Diesel Engine Oil Pump segment, Gasoline Engine Oil Pump segment, Electric Motor segment, Transmission Pump segment, and New Energy Vehicle Parts segment. The Company's products mainly include engine pump products, transmission oil pumps, electronic pump products, motor products and intelligent driving execution layer control systems. The Company's products are used in fuel vehicles, new energy vehicles, generator sets, ship power and engineering machinery and other fields. Through its subsidiaries, the Company also provides vacuum pumps, automated manufacturing equipment and related information and technical services, and is engaged in the research, development and production of gears, reducers and aluminum die castings.