Tongyu Communication Inc(002792) (SZ Tongyu Communication Inc(002792) , closing price: 10.44 yuan) issued an announcement on the plan of repurchasing the company’s shares by means of centralized bidding transaction on April 27. The announcement said that the total amount of funds for this repurchase shall not be less than 30 million yuan and not more than 50 million yuan; The repurchase price shall not exceed 17.5 yuan / share; The repurchase period shall be within 12 months from the date when the board of directors deliberates and approves the share repurchase plan.
From January to June 2021, Tongyu Communication Inc(002792) the operating revenue is composed of 81.23% of communication antennas and RF devices, 10.26% of optical communication and 8.5% of others.
Tongyu Communication Inc(002792) ‘s chairman is Wu Zhonglin, male, 55, with a master’s degree background.
