Shang Gong Group Co., Ltd.'s Equity Buyback announced on February 29, 2024, has closed with 10,995,800 shares, representing 1.55% for CNY 62.84 million.
Shang Gong Group Co Ltd, formerly SGSB GROUP CO., LTD., is principally engaged in the manufacturing and distribution of sewing machines and spare parts. The Company provides industrial sewing equipment, special equipment for sewing machines and household sewing machines, under the brands of SHANGGONG, DA and BUTTERFLY, including lock stitch sewing machines, special sewing machines, overlock sewing machines, embroidery machines and spare parts for sewing equipment, among others. The Company is also involved in export trading business, as well as the manufacture and distribution of imaging materials and office machineries. The Company distributes its products in domestic and overseas markets.
Shang Gong Group Co., Ltd.'s Equity Buyback announced on February 29, 2024, has closed with 10,995,800 shares, representing 1.55% for CNY 62.84 million.