Tranche Update on Huangshan Novel Co.,Ltd's Equity Buyback Plan announced on January 4, 2019.
December 20, 2019
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From October 1, 2019 to December 19, 2019, the company has repurchased 0 shares, representing 0% for CNY 0 million. With this, the company has completed the repurchase of 10,806,835 shares, representing 2.15% for CNY 75.01 million under the buyback announced on January 4, 2019.
HUANGSHAN NOVEL CO.,LTD is China-based company engaged in the manufacture and distribution of packaging materials. The Company provides color composite packaging materials, vacuum aluminized packaging materials and plastic flexible packaging films, which are used in food packaging, daily-use chemical products packaging, pharmaceutical packaging, agrochemical packaging, construction materials packaging and electronic products packaging, among other applications. The Company is also engaged in the manufacture of ink. The Company distributes its products in domestic markets, as well as to overseas markets.