Tranche Update on Xin Hee Co., Ltd.'s Equity Buyback Plan announced on March 5, 2022.
July 01, 2022 at 12:00 pm EDT
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From April 1, 2022 to June 30, 2022, the company has repurchased 4,285,700 shares, representing 0.99% for CNY 36.39 million. With this, the company has completed the repurchase of 8,000,000 shares, representing 1.85% for CNY 70.54 million under the buyback announced on March 5, 2022.
Xin Hee Co Ltd is a China-based company mainly engaged in the design, production and sales of women's clothing. The Company mainly has seven independent brands. JORYA is positioned in the high-end mature women's clothing market. JORYA weekend products are British college casual style. ANMANI positioned a fashionable urban style. GIVH SHYH is mainly fashionable casual wear. The CAROLINE brand favors urban professional wear. The AIVEI brand is positioned in the fashion ladies' wear market. The QDA brand is positioned in the high-end consumer market. Its products include clothing and commodities, such as tops, windbreakers, down jackets, leather garments, sweaters, shirts, skirts, pants, belts, scarves, hats, headbands, necklaces, socks, gloves, sandals, leather shoes, casual shoes, boots, handbags, shoulder bags, wallets, etc. The Company has stores in multiple cities in China. The Company conducts its businesses within the China market and to overseas markets.
XIN HEE CO.,LTD. 
