Tranche Update on Qingdao Citymedia Co,. Ltd.'s Equity Buyback Plan announced on November 2, 2021.
August 26, 2022
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From April 1, 2022 to July 6, 2022, the company has repurchased 3,286,500 shares, representing 0.49% for CNY 21.38 million. With this, the company has completed the repurchase of 41,388,200 shares, representing 5.92% for CNY 285.61 million under the buyback announced on November 2, 2021.
Qingdao Citymedia Co Ltd is a China-based company mainly engaged in publication planning, editing, publishing, copyright operations, distribution and product sales. The company conducts its business through one segment. The Wholesale and Retail Business of Books, Periodicals and Newspapers is mainly engaged in the publication and distribution of national standard textbooks, educational books, science and technology life books, children's books, and social science and literature books in domestic market, as well as the import and export of copyrights and multi-form development and operations based on the content of publications. The Company is also engaged in the subscription and distribution of teaching materials, teaching aids, general books and periodicals, the sales of educational services and related cultural products, as well as the sales of educational equipment, multimedia equipment, printing materials and other diversified products. The Company mainly operates its businesses in
QINGDAO CITYMEDIA CO,. LTD. 
