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Xinxiangwei (688593.SH): Cumulatively repurchased 0.45% of shares.
On November 4th, Xinxangwei (688593.SH) announced that as of October 31, 2024, the company repurchased a total of 2.052104 million shares through the Shanghai Stock Exchange trading system through centralized bidding trading, accounting for 0.45% 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 7.97 yuan/share, and the total amount paid was RMB 18,684,896.40 (excluding transaction fees such as trading commissions).
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Xinxiwei (688593.SH): The company's mass-produced OLED display driver chip is mainly used in smart clothing products.
Investor relations activity records from Xinxiangwei (688593.SH) on October 28th show that the company has already invested in mass production of this oled display driver chip, mainly used in smart clothing products, using a 40nm high-pressure process. In addition to smart clothing, the company's OLED new products are also being developed for various other applications, including smart phones, car displays, and other areas.
Xinxiangwei (688593.SH): It is expected that the gross margin in Q4 will remain stable.
The investor relations activity record of Xinhaowei (688593.SH) on October 28th showed that the company's comprehensive gross margin for the first three quarters was 15.6%, a slight decrease from last year. Based on the current market conditions and existing orders, the gross margin for Q4 is expected to remain stable.
Express News | Founder Securities: Initial rating of Buy for Shanghai Xinxiang Microelectronics Co., Ltd.
Express News | Xinxiangwei: Xi'an Zhonglian Zhaojin reduced its shareholding to 4.87%.
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