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Express News | Kangxi Communication: Adjusting the share buyback plan.
Express News | Kangxi Communication: Obtained government subsidies of 7.4037 million yuan.
Kangxi Communication (688653.SH): 32.8 million restricted shares will be released on December 23.
Gelonghui, December 12th丨Kangxi Communication (688653.SH) announced that the total number of Stocks for this listing is 32.8 million shares. The date for the Stocks to be listed and circulated is December 23, 2024. (As December 21, 2024, is a non-trading day, it is postponed to the next trading day.)
Express News | The USA ITC issued a final ruling on the 337 investigation concerning wireless front-end modules and their downstream devices.
Kangxi Communications (688653.SH): The main chip supplier has already begun preliminary research on Wi-Fi 8 protocol products.
On December 10, Gelonghui reported that Kangxi Communication (688653.SH) stated on the investor interaction platform that every enterprise has the right to choose its product market, and the acceptance of products is strongly correlated with core competitiveness, resource input, and partnerships. The company has been in the Wi-Fi FEM track for over 10 years, establishing long-term stable partnerships with many clients, especially close relationships with major clients, and has entered the reference designs of mainstream Soc chipset manufacturers internationally, providing smooth channels for capturing more international markets overseas. As of September 30, 2024, the company's Wi-Fi7 production.
Kangxi Communication (688653.SH): has repurchased 0.1752% of the shares cumulatively.
On December 2, Keexit Communication (688653.SH) announced that as of November 30, 2024, the company has repurchased a total of 743,781 shares through the Shanghai Stock Exchange trading system using centralized bidding trading method, accounting for 0.1752% of the total share capital of the company of 424,480,000 shares. The highest price for repurchase transactions was ¥14.50 per share, the lowest price was ¥12.71 per share, and the total amount paid was RMB 10.0014 million (excluding stamp duty, trading commission, and other transaction fees).