Tranche Update on Ganyuan Foods Co., Ltd.'s Equity Buyback Plan announced on August 10, 2021.
October 10, 2021 at 11:45 pm
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From August 9, 2021 to September 30, 2021, the company has repurchased 1,255,593 shares, representing 1.35% for CNY 59.99 million. With this, the company has completed the repurchase of 1,255,593 shares, representing 1.35% for CNY 59.99 million under the buyback announced on August 10, 2021.
Gan Yuan Foods Co Ltd is a company engaged in research and development, production and sales of snack foods. The Company's products consist of three categories. The roasted seeds and nuts products include melon seeds, broad beans, green peas and peanuts; nuts products include walnuts, almonds, pistachios, macadamia nuts and pine nuts; cereal crisp products include rice crisps, rice crackers, twists and rice noodles. The Company sells its products using distribution model, e-commerce model and other models, and the other models mainly include direct sales from shopping malls and supermarkets and entrusted processing.