Tranche Update on DeHua TB New Decoration Material Co.,Ltd's Equity Buyback Plan announced on January 11, 2021.
April 01, 2021 at 12:00 pm EDT
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From January 11, 2021 to March 31, 2021, the company has repurchased 17,450,102 shares, representing 2.33% for CNY 169.07 million. With this, the company has completed the repurchase of 17,450,102 shares, representing 2.33% for CNY 169.07 million under the buyback announced on January 11, 2021.
DEHUA TB NEW DECORATION MATERIAL CO.,LTD is a China-based company principally engaged in the research, development, manufacture and distribution of decoration materials. The Company mainly operates through three business segments. Decoration Material segment is mainly engaged in the production and sale decorative plates, paint, wall coatings, wallpaper, decoration hardware, veneer and adhesive products. Home Furnishing segment is mainly engaged in the production and sale of customized household products, such as floor boards, wardrobes, wooden doors and integrated wall panels. Internet Business segment is mainly engaged in electronic commerce agency operation, as well as Internet value-added services and electronic commerce business. The Company is also involved in engineered wood business, adhesive business and exporting business.