Tranche Update on Chengdu Wintrue Holding Co., Ltd.'s Equity Buyback Plan announced on August 25, 2020.
August 03, 2021 at 12:00 pm EDT
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From July 1, 2021 to August 2, 2021, the company has repurchased 7,306,500 shares, representing 0.74% for CNY 67.27 million. With this, the company has completed the repurchase of 25,006,500 shares, representing 2.49% for CNY 200 million under the buyback announced on August 25, 2020.
Chengdu Wintrue Holding Co., Ltd., formerly Shindoo Chemi-Industry Co. Ltd, is a China-based holding company. The Company is principally engaged in the research, production and distribution of compound fertilizers and flavorings. The Company primarily provides compound fertilizers, combined alkali, ammonium chloride, salts, monoammonium phosphate (MAP), as well as flavorings, among others. The Company's compound fertilizers include water soluble compound fertilizers, urea based compound fertilizers, chlorine based compound fertilizers, organic and inorganic compound fertilizers, nitryl compound fertilizers and others. The Company is also involved in the provision of electronic commerce services in small and medium cities. The Company distributes its products primarily in domestic markets.