Tranche Update on NanJi E-Commerce Co., LTD's Equity Buyback Plan announced on January 7, 2021.
January 26, 2021 at 11:00 am
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From January 5, 2021 to January 25, 2021, the company has repurchased 72,492,381 shares, representing 2.97% for CNY 699.85 million. With this, the company has completed the repurchase of 72,492,381 shares, representing 2.97% for CNY 699.85 million under the buyback announced on January 7, 2021.
NanJi E-Commerce Co Ltd, formerly Jiangsu Xinmin Textile Science & Technology Co Ltd, is a China-based company engaged in the provision of brand integrated services, dealer brand authorization services, mobile Internet marketing services and other businesses. The brand integrated services and dealer brand authorization services mainly provide brand authorization and integrated services to authorized suppliers and distributors. The mobile Internet marketing services refer to the advertising marketing business based on the mobile Internet terminal and promote products and places advertisements on the provider platform for customers as an agent of the mobile traffic media provider. The Company is also engaged in sales of goods and other businesses. The Company mainly conducts business within the domestic market.
NANJI E-COMMERCE CO., LTD 
