Suzhou Alton Electrical & Mechanical Industry Co., Ltd. authorizes a Buyback Plan.

Suzhou Alton Electrical & Mechanical Industry Co Ltd is a China-based company primarily engaged in the research, development, production and sales of aerodynamic equipment and cleaning equipment. The Company’s main products include small air compressors as well as wet and dry vacuum cleaners, among which small air compressors are used in the fields of household decoration, industrial manufacturing, and automobile maintenance, and vacuum cleaners are used in the fields of household cleaning, outdoor cleaning, and automobile cleaning. The Company is also engaged in the provision of accessories and other products. The Company sells its products within domestic market and to overseas markets, including North America, Canada and Europe.