Eoptolink Says Order Backlog Ample, Has Repurchased Nearly 800 Million Yuan of Shares

Cointime update: Eoptolink Technology said in a midday filing that as of Nov. 5 it had repurchased nearly 800 million yuan ($110 million) of its shares through a dedicated securities account via centralized bidding. The company said production and operations are normal and orderly, with ample orders on hand and delivery and capacity expansion proceeding in line with business demand. It will continue using buybacks and other policy tools to support its value and investor interests.