Lihe Technology Co., Ltd. announces an Equity Buyback for CNY 100 million worth of its shares.
January 05, 2021 at 09:36 am
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Lihe Technology (Hunan) Co., Ltd. (SZSE:300800) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its shares. The shares will be purchased at a price not exceeding CNY 40 per share. The company intends to use its own funds for the repurchase program. The repurchased shares will be used for ESOP or equity incentive plan. The repurchase program is valid for a period of 6 months.
Lihe Technology Hunan Co Ltd is a China-based company mainly engaged in the manufacturing of environmental monitoring instruments. The Company's main business is the development, manufacture, sales and operation of environmental monitoring systems. The Company's main products include water quality monitoring system, air smoke monitoring system and environmental monitoring information management system, providing customers with environmental monitoring system operation services. The Company's mainstay are water quality monitoring systems and operational services. The Company's products are widely used in environmental monitoring, municipal, water conservancy and other government departments or institutions with environmental monitoring needs and environmental monitoring by pollution source enterprises under the supervision of environmental protection departments.
LIHE TECHNOLOGY (HUNAN) CO., LTD. 
