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There Are Reasons To Feel Uneasy About Nanjing CIGU TechnologyLTD's (SHSE:688448) Returns On Capital
Magnetic Valley Technology (688448.SH): Plans to repurchase company shares of 45 to 50 million yuan.
GLEEHOO announced on September 24th that Cigu Technology (688448.SH) plans to repurchase a total amount of no less than RMB 4.5 million and not more than RMB 5 million of the company's shares. The repurchase price per share shall not exceed RMB 25.00 yuan/share, intended for employee stock ownership plan or stock-based incentives.
Magnetic Valley Technology (688448.SH): 0.8908 million shares of restricted stocks will be released on September 23rd.
On September 10, Gelonhui announced that the total number of shares listed for trade of Cigu Technology (688448.SH) is 0.8908 million shares. The date of listing for the shares is September 23, 2024. (Postponed to the next trading day after the original release date of September 21, 2024)
Nanjing Cigu Technology Co., Ltd. 2024 Semi-Annual Report
Summary of the 2024 semi-annual report of Nanjing Cigu Technology Co., Ltd.
Cigui Technology (688448.SH): The net income in the first half of the year was 8.3202 million yuan, a year-on-year increase of 103.46%.
Gelonghui on August 27th announced its semi-annual report, with the company achieving a revenue of 149.8914 million yuan, a year-on-year increase of 24.02%; achieving a net income attributable to the owner of the parent company of 8.3202 million yuan, a year-on-year increase of 103.46%; achieving a net income attributable to the owner of the parent company after deducting non-recurring gains and losses of 2.2419 million yuan, a year-on-year increase of 33.06%, demonstrating the continuous improvement of the company's profitability. During the reporting period, the company incurred stock-based incentive plan share payment expenses of 6.8309 million yuan. After excluding the impact of share payment, the net income attributable to
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