Tranche Update on Allied Machinery Co., Ltd.'s Equity Buyback Plan announced on February 7, 2024.
June 27, 2024
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From April 1, 2024 to June 27, 2024, the company has repurchased 406,500 shares, representing 0.17% for CNY 6.91 million. With this, the company has completed the repurchase of 1,708,000 shares, representing 0.71% for CNY 30.02 million under the buyback announced on February 7, 2024.
Allied Machinery Co Ltd is a China-based company principally engaged in the research and development, design, production and sales of high-precision mechanical parts and precision cavity mold products, as well as provides one-stop services from casting to finishing. The Company's main products are: compressor parts mainly cover two major types of compressor parts, which are centrifugal compressors and screw compressors. Construction machinery components mainly include box components, transmission covers, body components, transmission box components, clutch housings, gear covers, and transmission accessories. Injection molding machine parts mainly include static plate, moving plate, oil cylinder, frame, motor seat, feeding pipe and bottom cover. Food machinery components mainly include frame, main body, crosshead, connecting rod assembly, power frame, front frame, gear cover and bearing cover. The Company distributes its products both in the domestic market and to overseas markets.
ALLIED MACHINERY CO., LTD. 
