Wuxi Autowell Technology Co.,Ltd. authorizes a Buyback Plan.

Wuxi Autowell Technology Co Ltd is a China-based company mainly engaged in the research and development, design, manufacturing and sales of high-end intelligent equipment. Its products mainly include conventional string welding machines, multi-master grid string welding machines, silicon wafer sorting machines, film laminators, laser scribing machines, module production lines, PACK production lines and module PACK production lines, among others, which are used in the crystalline silicon photovoltaic industry and lithium battery industry. The Company also distributes spare parts for equipment, as well as provides equipment modification and upgrade services. The Company conducts its businesses in domestic and overseas markets.