China Quanjude(Group) Co.,Ltd commences an Equity Buyback Plan for 3,084,638 shares, representing 1% for CNY 4.46 million, under the authorization approved on March 23, 2020.
September 24, 2020 at 11:41 pm
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China Quanjude(Group) Co.,Ltd (SZSE:002186) commences a share repurchases on September 24, 2020, under the program mandated by the shareholders in the Extraordinary General Meeting held on March 23, 2020. As per the mandate, the company is authorized to repurchase up to 3,084,638 shares for CNY 4.46 million. The shares will be repurchased at a price not more than CNY 13.50 per share, and the repurchase price was also adjusted to not more than CNY 13.44 per share.
China Quanjude Group Co Ltd is a China-based company primarily engaged in catering services and food processing and sales business. The Company mainly operates three business. The catering business mainly engages in operating restaurants under the brand Quanjude, Fengzeyuan, Sichuanfandian and Fangshan. The merchandise sales business mainly engages in production and sales of pre-prepared dishes, specialty noodles, Chinese cakes, moon cakes, snack food and other products, and processing and sales of raw duck meat and cooked meat products. The leasing business mainly engages in the properties leasing business. The Company conducts its businesses within domestic market.
China Quanjude(Group) Co.,Ltd commences an Equity Buyback Plan for 3,084,638 shares, representing 1% for CNY 4.46 million, under the authorization approved on March 23, 2020.