Tranche Update on China Quanjude(Group) Co.,Ltd's Equity Buyback Plan announced on September 25, 2020.
March 23, 2021 at 12:00 pm EDT
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From January 1, 2021 to March 22, 2021, the company has repurchased 1,027,367 shares, representing 0.33% for CNY 10.14 million. With this, the company has completed the repurchase of 1,542,367 shares, representing 0.5% for CNY 15.37 million under the buyback announced on September 25, 2020.
China Quanjude (Group) Co., Ltd. is mainly engaged in the provision of restaurant services, as well as food processing and distribution. The Company operates in two segments. The Chinese Style Food segment provides All-Duck Banquet dishes represented by Quanjude roast duck, Man Han Quan Xi Fangshan dishes, Lu dishes represented by Cong Shao Hai Shen and Chuan dishes. The Food Industry segment is engaged in the production and distribution of Quanjude vacuum packaging, prepared foods and roast duck supplements. The Company owned directly-managed Quanjude restaurants in Beijing, Shanghai, Chongqing, Changchun, Qingdao, Zhengzhou, Hangzhou, Xinjiang, Shenyang, Hefei and others, and directly-managed Fangshan restaurants, directly-managed Fengzeyuan restaurants and directly-managed Sichuan Restaurants, as well as franchised Quanjude restaurants in Mainland China and overseas franchised Quanjude restaurants, and overseas franchised Fengzeyuan restaurant. It also sells processed food.
CHINA QUANJUDE(GROUP) CO.,LTD. 
