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Is Vanchip (Tianjin) Technology (SHSE:688153) Using Too Much Debt?
Weigetech (688153.SH): Actively laying out a series of new products targeting AI edge application scenarios.
On February 14, 2023, Gelonghui reported that Weijie Chuangxin (688153.SH) disclosed an investor relations activity record table showing that with the explosive growth of shipments for AI terminal products such as AI headphones and AI glasses, users' demands for the stability and coverage of Wi-Fi and Bluetooth signal transmission are increasing. This has led to new demand for RF front-end products. To meet this demand, the company is actively laying out a series of new products aimed at AI edge application scenarios, such as Wi-Fi and Bluetooth FEM products, which can effectively enhance signal quality and stability, reduce signal interference and loss, thereby solving multi-device communications.
Weichuang Core (688153.SH): Will actively promote the introduction and application of Wi-Fi FEM and Satellite Communications products in the field of Asia Vets.
On February 14, Gelonghui reported that Weijie Chuangxin (688153.SH) disclosed the record of investor relations activities indicating that overseas manufacturers still occupy the vast majority of the market for automotive 5G RF front-end products. However, since the company took the lead in launching domestic 5G automotive RF front-end modules and obtained multiple Order projects last year, this product has been mass-produced and shipped, with an expected revenue of tens of millions this year, applied in multiple car models. More importantly, with leading manufacturers in the Automotive Industry actively promoting intelligent driving applications, the upgrade speed of onboard wireless communication modules from 4G to 5G is also accelerating. This trend further promotes
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Weijie Chuangxin (688153.SH): A total of 0.77% of the company's shares have been repurchased.
Gelonghui reported on February 5 that Weijie Chuangxin (688153.SH) announced that as of January 31, 2025, the company repurchased a total of 3,326,726 shares through the Shanghai Exchange trading system in a centralized bidding manner, accounting for 0.77% of the company's total share capital. The highest price for the repurchase transaction was 41.86 yuan per share, the lowest price was 30.24 yuan per share, and the total transaction amount was 109,860,262.11 yuan (excluding stamp duty, transaction commissions, and other transaction costs).
2024 Annual Results Forecast