Tranche Update on Ningbo Jintian Copper(Group) Co., Ltd.'s Equity Buyback Plan announced on March 15, 2022.
January 03, 2023
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From October 1, 2022 to December 31, 2022, the company has repurchased 7,816,797 shares, representing 0.54% for CNY 52.76 million. With this, the company has completed the repurchase of 38,316,797 shares, representing 2.62% for CNY 281.95 million under the buyback announced on March 15, 2022.
Ningbo Jintian Copper Group Co Ltd is a China-based company mainly engaged in non-ferrous metal processing business. The Company's main products include copper products and rare earth permanent magnet materials. Its copper products include copper rods, copper strips, copper tubes, copper wires (rows), cathode copper, valves, magnet wires and other products, and are committed to providing comprehensive copper solutions for the development of emerging industries such as 5G communications, new energy vehicles, rail transit, power Internet of Things, clean energy. The Company's rare earth permanent magnet products are used in wind power generation, new energy vehicles, high-efficiency and energy-saving motors, consumer electronics, medical equipment and other fields. The Company conducts business in the Chinese market and overseas markets.