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Xinxiangwei (688593.SH): Repurchased 0.35% of shares
On September 2nd, Gelonghui announced that as of August 31, 2024, the company has repurchased a total of 1.59208 million shares of the company through the Shanghai Stock Exchange trading system through centralized bidding trading method, accounting for 0.35% of the company's total share capital of 459.529412 million shares. The highest price of the repurchase transaction was 11.00 yuan/share, the lowest price was 8.58 yuan/share, and the total amount of funds paid was RMB 14,998,595.60 (excluding transaction commissions and other transaction fees).
Xinxiangwei 2024 Semi-Annual Report
Summary of the Semi-Annual Report of Xinxiangwei in 2024
Xinxianwei (688593.SH): Net loss of 33.671 million yuan in the first half of the year.
On August 23, Gelonhui announced its 2024 interim report, with a revenue of 0.231 billion yuan, a year-on-year increase of 5.43%; a net income attributable to shareholders of listed companies of -3.3671 million yuan.
Xinxiangwei (688593.SH): Current products have not yet been applied to AI glasses.
On August 21st, Gelonhu reported that XINXIWEI (688593.SH) stated on the investor interactive platform that the company's current products are not yet applied in AI glasses, but the company highly values the layout and application of cutting-edge technology fields. The raised fund project, the Shanghai Advanced Display Chip R&D Center construction project, intends to build an advanced display chip R & D center, mainly for the research and development of high pixel density Mini/MicroLED driver chips, VR/AR advanced display driver chips, thereby realizing the company's layout in forward-looking display technology and breaking the monopoly of the latest generation of display driver chip technology and products in foreign countries.
Xinxiangwe Micro (688593.SH): Repurchased 0.22% of the company's shares.
On August 1st, GeLongHui reported that up to July 31st, 2024, the company repurchased a total of 1.028725 million shares through the Shanghai Stock Exchange system by means of centralized bidding trading, accounting for 0.22% of the company's total share capital of 459.529412 million shares. The highest repurchase price was 11.00 yuan/share, the lowest price was 8.86 yuan/share, and the total amount paid was 9,999,098.30 yuan (excluding transaction fees such as commission).
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