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XGIMI Technology: The car business may generate certain revenue next year. Baidu's shareholding reduction is mainly due to financial considerations|Direct hit shareholders meeting
① Since the beginning of this year, XGIMI technology has faced a continuous decline in revenue and net income in each quarter; ② At this shareholder meeting, the relevant person in charge of XGIMI technology responded to market concerns regarding the in-car projection business, their views on the expansion of losses, and the shareholding reduction of the Baidu system.
Xgimi Technology Unit Gets Order to Provide Projectors to Automaker
Xgimi Technology (688696.SH): As of October 31, 2024, the cumulative download volume of Watermelon Game on major global platforms has exceeded 11 million times
Gelonghui, November 15th丨XGIMI Technology (688696.SH) stated on the interactive platform that the watermelon game is mainly operated by the company's wholly-owned subsidiary AladdinX Corporation. As of October 31, 2024, the cumulative download of the watermelon game on major global platforms has exceeded 11 million times. For the income situation of internet plus-related value-added services, please refer to the company's regular report disclosure.
Express News | XGIMI Technology: Wholly-owned subsidiary receives designated development notification from car manufacturer.
XGIMI Technology (688696.SH): obtained a "loan commitment letter" of no more than 0.172 billion yuan.
Geelong News November 10th | JMicron Technology (688696.SH) announced that recently, the People's Bank of China, together with the China Banking and Insurance Regulatory Commission and the China Securities Regulatory Commission, issued the notice on the establishment of share buyback and shareholding rediscount loans, incentivizing financial institutions to provide loans to qualified listed companies and major shareholders to support their share buyback and shareholding. In order to further enhance the company's capital utilization efficiency and fully utilize the national support policies for listed companies to repurchase stocks, on November 8, 2024, the company obtained the letter from the Chengdu Branch of Industrial Bank Co., Ltd.
Express News | 24 listed companies' stocks were repurchased, with Zhejiang Hangmin repurchasing the highest amount.
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