The latest news from the dark horse BOEThe following is some of the latest news from BOE:
- In terms of production and construction, Chengdu High-tech Zone signed an investment cooperation agreement with BOE Technology Group Co., Ltd. BOE would build China's first and the world's second 8.6th generation AMOLED display device production line in Chengdu with a total investment of 63 billion yuan. The main body of the project would be Chengdu BOE display technology co., ltd. On February 22,2024, Chengdu BOE display technology co., ltd. underwent industrial and commercial changes, and the registered capital increased from 10 million yuan to 38 billion yuan.
- In terms of stock price, during the week of December 2 - 6, BOE A had a cumulative increase of 0.23% this week, with a total weekly turnover of 8.976 billion yuan. As of the close of the week, BOE A's stock price was 4.31 yuan.
- In terms of share repurchases, as of the announcement date, BOE A had repurchased the company's shares through a special stock account through a concentrated bidding method. The total number of A shares repurchased was 47233100 shares, accounting for about 0.1238% of the company's A shares and about 0.1255% of the company's total share capital. The highest transaction price of this repo was 4.38 yuan/share, the lowest transaction price was 4.22 yuan/share, and the total amount paid was 201971182 yuan.
- In terms of patent applications, Beijing BOE Sensing Technology Co., Ltd., BOE Technology Group Co., Ltd., and Beijing BOE Technology Development Co., Ltd. applied for a patent called "Pressure and Acceleration Monitor Chip and Its Production Method, Vehicle" in August 2024.
- In terms of shipment volume, according to Luotu Technology's statistics, BOE shipped about 5.3 million units in October, a year-on-year increase of 38.9%. It was significantly ahead of Japanese and Korean manufacturers and continued to maintain its number one position.
- In terms of shares held by Southbound Capital, as of December 6, Southbound Capital held 36.4 million shares of BOE Fine Electricity, with a market value of 217 million Hong Kong dollars, an increase of 1.794 million Hong Kong dollars compared with the previous trading day. The number of shares held accounted for 4.58% of the issued shares. On that day, BOE Fine Electricity rose 0.67% and closed at 5.97 Hong Kong dollars.
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