Tranche Update on Xilinmen Furniture Co.,Ltd's Equity Buyback Plan announced on September 2, 2021.
October 13, 2021
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From October 1, 2021 to October 12, 2021, the company has repurchased 765,700 shares, representing 0.2% for CNY 17.89 million. With this, the company has completed the repurchase of 6,766,615 shares, representing 1.75% for CNY 189.98 million under the buyback announced on September 2, 2021.
Xilinmen Furniture Co., Ltd is principally engaged in the design, research, development, production and distribution of furniture products. The Company's major businesses include civil furniture business, hotel furniture business and movie and television (TV) culture business. Civil furniture business is involved in the sale of mattresses, soft beds and other bedroom furniture. The Company operates its hotel furniture business primarily through the offering of indoor furniture and decoration related wood products for starred hotels and large public construction projects. Its movie and TV culture business consists of the investment, production, distribution and related businesses of movie and TV programs.