Tranche Update on Suzhou Jinhong Gas Co., Ltd.'s Equity Buyback Plan announced on July 31, 2021.
September 06, 2021
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From July 30, 2021 to September 3, 2021, the company has repurchased 5,680,000 shares, representing 1.17% for CNY 154.92 million. With this, the company has completed the repurchase of 5,680,000 shares, representing 1.17% for CNY 154.92 million under the buyback announced on July 31, 2021.
Jinhong Gas Co Ltd, formerly Suzhou Jinhong Gas Co Ltd is a China-based company mainly engaged in the research and development, production and sales of gas. The Company provides customers with specialty gases, bulk gases and natural gas. The specialty gases include ultrapure ammonia, hydrogen, nitrous oxide, dry ice, silane, helium, gas mixtures, medical gases and fluorocarbons. The bulk gases include oxygen, nitrogen, argon, carbon dioxide and acetylene. The Company's main gas supply modes are bottled gas supply, storage tank gas supply and on-site gas production. The Company's products are mainly used in integrated circuits, liquid crystal panels, light emitting diodes (LED), optical fiber communications, photovoltaics, medical health, energy conservation and environmental protection, new materials, new energy, high-end equipment manufacturing, food, metallurgy, chemical industry, machinery manufacturing and other fields.