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TechFlow update from Deep Tide: On July 23, GigaDevice announced that the company plans to repurchase A-share stocks through centralized bidding transactions. The repurchase amount will be no less than 300 million yuan (inclusive) and no more than 600 million yuan (inclusive). The repurchase price will be no more than 332.90 yuan per share (inclusive). The repurchase period will be within 3 months from the date the board of directors approves it. The funds for the repurchase will come from the company’s own funds, and the repurchased shares will be used to maintain the company’s value and safeguard shareholders’ rights and interests. (Jin Ten)