600679.CG▲
GigaDevice Chairman Proposes Up to 2 Billion Yuan Buyback and Share Cancellation
GigaDevice Chairman Zhu Yiming has proposed that the company repurchase A-shares through centralized bidding, with a total amount of no less than 1 billion yuan and no more than 2 billion yuan. After the buyback, the shares will be cancelled in accordance with the law and the registered capital will be reduced. At the same time, Zhu Yiming plans to increase his holdings in the company from December 13, 2026 to July 29, 2027, with an increase amount of no less than 1 billion yuan. Shanghai Guangdian Electric plans to repurchase shares with 100 million to 200 million yuan for an employee stock ownership plan or equity incentives, with a buyback price not exceeding 4.2 yuan per share. Shanghai Phoenix plans to repurchase B-shares with 117 million to 195 million yuan for cancellation, with a buyback price not exceeding 0.575 US dollars per share. The actual controller of ArcSoft has proposed to repurchase shares with 100 million to 150 million yuan for an employee stock ownership plan or equity incentives. In addition, several companies including Xingqi Pharmaceutical, Wondfo Biotech, Rijiu Optoelectronics, Anfu Technology, and Shichuang Energy have collectively disclosed the progress of their first buybacks. Among them, Xingqi Pharmaceutical repurchased 460,200 shares for the first time, paying a total of 18.2997 million yuan; Rijiu Optoelectronics repurchased 2.8 million shares for the first time, paying a total of 29.5839 million yuan.