Tranche Update on Wellhope Foods Co., Ltd.'s Equity Buyback Plan announced on May 11, 2021.
October 08, 2021
Share
From July 1, 2021 to September 30, 2021, the company has repurchased 14,789,321 shares, representing 1.6% for CNY 142.86 million. With this, the company has completed the repurchase of 14,789,321 shares, representing 1.6% for CNY 142.86 million under the buyback announced on May 11, 2021.
Wellhope Foods Co Ltd is a China-based company primarily engaged in the production and sales of feed. The Company is mainly engaged in three businesses. The feed and feed raw material trading business is mainly engaged in the production and sales of pig feed, poultry feed, ruminant feed and other feed, as well as bulk feed raw materials such as fish meal, soybean meal, corn by-products, and feed additive products such as amino acids, antioxidants, antifungal agents, and vitamins. The meat and poultry business is mainly engaged in broiler breeder chicken breeding, hatching, feed production, commercial broiler chicken breeding, broiler slaughtering and processing, as well as deep processing of prepared products and cooked food. The pig business is mainly engaged in breeding and sales of breeding pigs, sales of commercial piglets, free-range fattening pigs and a small amount of self-raising, and pig slaughtering. The Company mainly conducts its businesses in the domestic market.
WELLHOPE FOODS CO., LTD. 
