Tranche Update on Kangda New Materials Co., Ltd.'s Equity Buyback Plan announced on July 17, 2021.
October 08, 2021 at 12:00 pm EDT
Share
From July 16, 2021 to September 30, 2021, the company has repurchased 1,913,800 shares, representing 0.76% for CNY 20.66 million. With this, the company has completed the repurchase of 1,913,800 shares, representing 0.76% for CNY 20.66 million under the buyback announced on July 17, 2021.
Kangda New Materials Group Co Ltd, formerly Shanghai Kangda New Materials Group Co Ltd, is a China-based company mainly engaged in the fine chemical industry and military electronics industry. The Company's fine chemical business mainly produces mid-to-high-end adhesives, new functional polymer materials, and fine chemicals. Its products include epoxy glue, acrylic glue, polyurethane glue and styrene-butadiene-styrene block copolymer (SBS) adhesives. Military electronic products mainly include polyimide foam heat insulation materials used in the aviation, aerospace, naval, army, and weapon markets, as well as polyimide foam insulation materials used in the field of marine engineering. The Company mainly conducts business in the domestic market.
KANGDA NEW MATERIALS (GROUP) CO., LTD. 
