Shenzhen Comix Group Co., Ltd. announces an Equity Buyback for CNY 60 million worth of its shares.
December 18, 2023 at 04:00 pm
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Shenzhen Comix Group Co., Ltd. (SZSE:002301) announces a share repurchase program. Under the program, the company will repurchase up to CNY 60 million worth of its shares. The shares will be purchased at a price not exceeding CNY 10.5 per share.
The repurchased shares will be used for employee stock ownership plans or equity incentive plans. The program will be funded from company's own funds. The program will be valid for 6 months.
SHENZHEN COMIX GROUP CO., LTD, formerly Shenzhen Comix Stationery Co., Ltd., is a China-based company, principally engaged in the research and development, manufacture and distribution of stationeries, office supplies and office equipment. The Company operates its businesses through two segments. The Stationeries, Office Supplies and Office Equipment segment is engaged in the research, development, manufacture and distribution of stationeries, office supplies and office equipment. The Internet Software as a Service (SaaS) Software Services segment is engaged in the provision of SAAS software services of Internet for the dealers. Through its subsidiaries, the Company is also engaged in the supply chain management and the provision of related services, among others. The Company distributes its products within domestic market and to overseas markets.