Tranche Update on Hengbao Co.,Ltd.'s Equity Buyback Plan announced on September 21, 2018.
January 02, 2019
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From October 1, 2018 to December 31, 2018, the company has repurchased 7,124,502 shares, representing 0.9% for CNY 40.19 million. With this, the company has completed the repurchase of 7,693,602 shares, representing 0.98% for CNY 43.76 million under the buyback announced on September 21, 2018.
Hengbao Co., LTD. is a China-based company, principally engaged in the manufacture and distribution of various card products. The Company's businesses and products include financial integrated circuit (IC) cards, citizen cards, social security cards, health cards, communication and Internet of things connection products, intelligent terminal products and security products, among others. The Company is also engaged in the provision of notes, modules and software products. The Company conducts its businesses within domestic market and to overseas markets.