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Xgimi Technology Co.,Ltd.'s (SHSE:688696) Market Cap Dropped CN¥1.0b Last Week; Retail Investors Bore the Brunt
XGIMI Technology (688696.SH): This time plans to inquire about the transfer of 2.50% of the shares.
On April 1, Gelonghui reported that XGIMI Technology (688696.SH) announced its intention to participate in the pre-IPO Shareholding inquiry transfer (hereinafter referred to as "this inquiry transfer"). The shareholders involved in this inquiry transfer are Peking Baidu Network Technology Co., Ltd., Zhong Chao, and Liao Yang. The total number of shares to be transferred by the transferor is 1,750,000 shares, accounting for 2.50% of XGIMI Technology's total share capital. This inquiry transfer will not be conducted through centralized bidding or block trading and is not considered a Shareholding reduction through the secondary market. The shares acquired through the inquiry transfer cannot be transferred within 6 months after acquisition.
Xgimi Technology Co.,Ltd.'s (SHSE:688696) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
XGIMI Technology (688696.SH): A wholly-owned subsidiary has received the client's second development project notification.
On March 10, Gelonghui reported that XGIMI Technology (688696.SH) announced that its wholly-owned subsidiary, Yibin XGIMI Optoelectronics Co., Ltd. (hereinafter referred to as "Yibin XGIMI"), recently received the second development designation notification from a well-known domestic Autos manufacturer (name cannot be disclosed due to confidentiality agreement, hereinafter referred to as "client"). Yibin XGIMI will become the supplier of in-vehicle projection components for a project of this client. Yibin XGIMI will strictly adhere to the client's Order requirements, completing the development, testing validation, production preparation, and delivery of the specified products within the established timeframe. So far, the company has cumulatively obtained orders for 8 in-vehicle devices.
XGIMI Technology (688696.SH): has repurchased 3.11% of its shares.
On February 28, Gelonghui reported that XGIMI Technology (688696.SH) announced that as of February 28, 2025, the company has cumulatively repurchased 2.177243 million shares of the company through the Shanghai Stock Exchange trading system in a centralized bidding transaction, accounting for 3.11% of the total share capital of 70,000,000 shares. The highest purchase price was 114.48 yuan/share and the lowest price was 66.50 yuan/share, with a total amount paid for the repurchased shares of 176.3005 million yuan (excluding handling fees, transfer fees, and other transaction costs).
Jimi Technology: 2024 Annual Results Report Announcement