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Zhejiang kingland pipeline and technologies (002443.SZ): first buyback of 0.37% of the company's shares at a cost of 11.5984 million yuan.
Gelonghui, November 27th 丨 zhejiang kingland pipeline and technologies (002443.SZ) announced that on November 27, 2024, the company first repurchased 1,900,200 shares of the company through a repurchase special securities account via centralized competitive trading, accounting for 0.37% of the total current share capital of the company. The highest fill price was 6.23 yuan per share, the lowest fill price was 6.01 yuan per share, and the fill average price was 6.104 yuan per share. The total fill amount was 11,598,394.00 yuan (excluding transaction costs, etc.). This repurchase complies with relevant legal requirements and the company's repurchase plan.
Zhejiang Kingland Pipeline and Technologies (002443.SZ): The main products are galvanized steel pipes, steel-plastic composite pipes, spiral welded pipes, and straight seam welded pipes.
Gelonghui, November 14th | Zhejiang Kingland Pipeline and Technologies (002443.SZ) stated on the investor interaction platform that the company is a national high-tech enterprise specializing in the research and development, manufacturing, and sales of welded steel pipe products. The main products are galvanized steel pipes, steel-plastic composite pipes, spiral welded pipes, and straight seam welded pipes, widely used in domestic and foreign long-distance oil and natural gas pipelines, urban pipe networks, chemical industry, drainage, nuclear energy, coal slurry transportation, ultra high pressure power transmission lines, and electrical utility iron towers.
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Despite Delivering Investors Losses of 11% Over the Past 1 Year, Zhejiang Kingland Pipeline and TechnologiesLtd (SZSE:002443) Has Been Growing Its Earnings
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Zhejiang Kingland Pipeline and Technologies (002443.SZ): has not yet implemented share repurchase
On September 3, GeLongHui reported that, as of August 31, 2024, Zhejiang Kingland Pipeline and Technologies (002443.SZ) has not implemented any share repurchases.
Why Investors Shouldn't Be Surprised By Zhejiang Kingland Pipeline and Technologies Co.,Ltd.'s (SZSE:002443) Low P/E
