Loongson Technology (688047.SH): Cumulative repurchase of 0.12% of the company's shares.

On July 1st, Gelonghui reported that Loongson Technology (688047.SH) announced that as of June 30, 2024, the company accumulated a total of 471,709 shares of the company through the Shanghai Stock Exchange's trading system in a centralized bidding trading method, accounting for 0.12% of the company's total share capital of 401 million shares. The highest and lowest prices for repurchasing shares were 94.94 yuan/share and 73.69 yuan/share, respectively. The total amount paid for the repurchase was RMB 39,667,121.37 (excluding stamp duty, transaction fees, etc.).

Gelonghui FinanceJul 1 07:14 ET

Loongson Technology (688047.SH): AI basic software development on Loong architecture is underway, mainly supporting LG200 inference framework.

Longxin Zhongke (688047.SH) stated on the interactive platform on June 24th that the Longxin architecture (LoongArch) used by Longxin and the ARM instruction set architecture both belong to Reduced Instruction Set Computer (RISC) architecture. The company pays close attention to the rapid development of AIPC and continues to invest in the research and development of AI software and hardware. The GPGPU core that supports AI applications (LG200) has been designed and applied to 2K3000, and has been put into production. AI basic software development on the Longxin architecture is underway, mainly supporting the LG200 inference framework.

Gelonghui FinanceJun 24 05:37 ET

Loongson Technology (688047.SH): 1.23 million restricted shares will be listed and traded from June 24th.

Loongson Technology Corporation Limited (688047.SH) has released a notice regarding the first public issuance of restricted shares being listed for trading. This stock...

Zhitong FinanceJun 14 07:15 ET

Huafu Securities: How to calculate the computing power required for large-scale AI text model training?

Zhītōng Cáijīng APP has learned that Huáfú Securities issued a research report stating that, according to the formula for calculating supply and demand on the demand side, assuming that the industry growth trend continues to follow Scaling Law, and through assumptions on Nvidia GPU's FP16 computing power, training market, computing power utilization rate, etc., the GPU demand is derived. Using Nvidia Hopper/Blackwell/next-generation GPU card FP16 computing power as the reference, the bank believes that the global demand for GPU on the text-based large model AI training side in 2024-2026 will be 2.71/5.92/12.44 million units. It is recommended to pay attention.

Zhitong FinanceJun 4 07:36 ET

Loongson Technology (688047.SH): has spent a total of 39.6671 million yuan to repurchase 471,700 shares.

Loongson Technology (688047.SH) announced on June 3 that as of May 31, 2024, the company has repurchased a total of 471,709 shares of the company's stock through the Shanghai Stock Exchange trading system by means of centralized competitive trading, accounting for 0.12% of the company's total shares of 401 million. The highest transaction price for repurchase was 94.94 yuan/share, the lowest price was 73.69 yuan/share, and the total amount of funds paid was RMB 39,667,121.37 (excluding stamp duty, trading commissions and other transaction costs).

Gelonghui FinanceJun 3 08:01 ET

We're Hopeful That Loongson Technology (SHSE:688047) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining exploration companies often lose money for years before finding success with a ne

Simply Wall StMay 27 22:00 ET