Tranche Update on FIYTA Precision Technology Co., Ltd.'s Equity Buyback Plan announced on July 24, 2020.
August 04, 2021 at 09:30 pm IST
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From July 1, 2021 to July 22, 2021, the company has repurchased 0 shares, representing 0% for CNY 0 million. With this, the company has completed the repurchase of 8,994,086 shares, representing 2.08% for CNY 130.89 million under the buyback announced on July 24, 2020.
FIYTA Precision Technology Co., Ltd., formerly FIYTA HOLDINGS LTD., is a China-based company mainly engaged in the research and development, design, manufacture, sales and repairing of watches and the related parts and accessories. The Company's core businesses include watch brand management and watch retail services. The Company has its own watch brands FIYTA, Emile Chouriet, JONAS&VERUS and authorized cooperative brands JEEP and BEIJING, as well as watch retail service brands HARMONY and BRAND GALLERY. The Company is also engaged in the operation and leasing of real estates. Through its subsidiary, the Company operates regular chain watch stores named HARMONY. The Company operates its businesses mainly in domestic market.