Tranche Update on Jiangsu Leike Defense Technology Co., Ltd.'s Equity Buyback Plan announced on November 29, 2018.
January 02, 2019
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From November 28, 2018 to December 31, 2018, the company has repurchased 9,453,680 shares, representing 0.83% for CNY 51.48 million. With this, the company has completed the repurchase of 9,453,680 shares, representing 0.83% for CNY 51.48 million under the buyback announced on November 29, 2018.
Beijing LeiKe Defense Technology Co Ltd, formerly Jiangsu Leike Defense Technology Co Ltd, is a company mainly engaged in the research and development (R&D), manufacturing and sales of relevant products of radar system business group and satellite application business group. The Company is also engaged in R&D, manufacturing and sales of relevant products of intelligent control business group, secure storage business group and intelligent network connection business group. The radar system business group has relevant technologies and products in national defense, transportation, civil aviation, meteorology, automobile and other industry markets. The satellite application business group has developed a number of core and key equipment of remote sensing satellites and ground systems, forming an industrial capacity of on-board and ground cooperation.