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Should Weakness in Nexchip Semiconductor Corporation's (SHSE:688249) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Jinghe Integrated's H1 2024 report.
Summary of Jinghe Integrated's 2024 half-year report.
Express News | Nexchip Semiconductor Says It Returns to Net Profit of 187.0 Mln Yuan in H1
Jinghe Integrated Circuit (688249.SH): Cumulative expenditure of 0.787 billion yuan to repurchase 2.73% of shares.
On August 1st, GleamFab HK (688249.SH) announced that as of July 31, 2024, the company has repurchased a total of 54,771,427 shares of the company through the Shanghai Stock Exchange trading system in the way of centralized bidding, accounting for 2.73% of the total share capital of 2,006,135,157 shares of the company. The highest price of repurchase was 15.31 yuan/share, the lowest price was 12.97 yuan/share, and the total amount of funds paid was RMB 0.787 billion yuan (excluding stamp duty, transaction commission and other transaction fees).
Jinghe Integrated (688249.SH): Will use domestic equipment and materials to the greatest extent possible under the premise of meeting demand.
Jinghe Integrated (688249.SH) recently stated to institutional investors during a research visit that the company will maximize the use of domestic equipment and materials to promote the substitution of domestically produced products in the Chinese mainland supply chain, given the prerequisite of meeting usage needs.
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