Sebang Global Battery Co., Ltd. authorizes a Buyback Plan.

Sebang Global Battery Co Ltd is a Korea-based company engaged in the manufacturing and sale of storage batteries. The Company mainly provides storage batteries including automotive batteries which are used for passenger cars, buses, trucks, construction equipment, and others; industrial batteries which are used for uninterruptible power supply systems (UPSs), electrical communication systems, factory automation systems, power plants, military and security devices and others, as well as motorcycle batteries, among others. The Company provides its products under the brand name of ROCKET. The Company distributes its products in domestic and overseas markets.