On August 21, 2026, GigaDevice (603986.SH) conducted its first share repurchase via centralized bidding, buying back 247,000 shares. This quantity represents 0.04% of the company's total share capital. The repurchase price per share fluctuated between 400.30 yuan and 409.95 yuan, culminating in a total expenditure of 100 million yuan (transaction fees not included). Prior to this, the company had outlined a plan to utilize its own funds and/or self-raised capital to repurchase shares valued between 1 billion and 2 billion yuan, also through centralized bidding. The repurchase price was capped at 750 yuan per share, with the intended purpose of cancelling and subsequently reducing the registered capital.