Shanghai Fengyuzhu Exhibition Co., Ltd. announces an Equity Buyback for CNY 58 million worth of its shares.
April 16, 2020
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Shanghai Fengyuzhu Exhibition Co., Ltd. (SHSE:603466) announces a share repurchase program. Under the program, the company will repurchase up to CNY 58 million worth of its shares. The shares will be repurchased at a price of CNY 20.7 per share. The share repurchases will be funded from company's own funds. The program is valid for 6 months.
On September 11, 2020, the company announced it had revised its plan term price per share from CNY 20.7 per share to CNY 31.05 per share.
Shanghai Fengyuzhu Culture Technology Co Ltd, formerly Shanghai Fengyuzhu Exhibition Co Ltd, is a China-based company principally engaged in the planning, design, implementation and maintenance of digital cultural display experience systems. The Company provides integrated full-range control and operation display system products, as well as related services. The Company's products are mainly used in various exhibitions and space, such as city halls, park halls, museums, science and technology museums, enterprise halls, commercial experience halls, tourist scenic exhibition experience centers, conferences and exhibitions, theme halls and contains more Kind of multifunctional comprehensive exhibition halls. The Company operates its business mainly in domestic market.
SHANGHAI FENGYUZHU CULTURE TECHNOLOGY CO., LTD. 
