Chigo Holding Limited authorizes a Buyback Plan.

CHIGO HOLDING LIMITED is a Hong Kong-based investment holding company principally engaged in electrical appliance businesses. The main businesses of the Company include the manufacture and sales of air-conditioners and other electrical appliance products. The products under the Company include residential air-conditioners of split type, window type and portable type, commercial air-conditioners, air-conditioners’ parts and components, refrigerators, washing machines, electrical appliance in kitchen and bathroom, televisions, water purifiers, water heaters and wine coolers, among others.