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Express News | The stocks related to the Cross-border E-commerce Concept continue to be active, with Guangdong Tengen Industrial Group achieving six consecutive limits.
Beijing Light (688793.SH): First repurchase of 5,200 shares.
Gelonghui, on April 17, announced that Beiqingchong (688793.SH) repurchased 5,200 shares through the Exchange trading system using centralized competitive bidding on April 17, 2025, which accounts for 0.01% of the company's total share capital of 85,945,419 shares as of April 17, 2025. The highest price for the repurchase was 27.26 yuan/share, while the lowest price was 26.93 yuan/share, with a total payment of 140,231.55 yuan (excluding stamp tax, transaction commission, and other trading costs). This share repurchase complies with the legal regulations.
Express News | Beijing Relax: Plans to repurchase shares for 40 million to 80 million yuan.
Express News | Summary of Shareholding changes on March 24.
Express News | Beijing Beishun intends to reduce its shareholding in the company by no more than 2%.
The signal for price increase in cloud-based services has appeared, signaling the start of an upward cycle in computing power.
With the gradual release of deep thinking models such as Deepseek R1 and openAI o1/o3, the demand for high-performance computing on the inference side is rapidly being unleashed, leading to a rapid expansion of Capex by major companies like Alibaba and Tencent, with a quarterly capital expenditure increase of over 250% in Q4 2024, marking the formal entry of the cloud upstream into a new upward cycle.