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Shanghai Guangdian Electric Group Co Ltd

Shanghai Guangdian Electric Group Co., Ltd. manufactures and sells complete sets of equipment and electronics components in China. The company provides power electronic products, such as medium-voltage and low-voltage switchgear, high-voltage and low-voltage start-up cabinets, intelligent precision power distribution cabinets, intelligent AC medium-voltage switchgear, marine AC low-voltage switch cabinet, box-type fixed AC and DC switch cabinet, dry-type power transformers, power and control cabinets, lighting boxes, low-voltage complete reactive power compensation devices, active power filter devices, and high-voltage variable frequency speed control devices. It also offers component products, including medium and low-voltage contactors and circuit breakers, intelligent control components, automatic power transfer switch, charging pile, surge protector, and reactive power compensation devices. The company markets its products under the SGEG, Honeywell, and AEG brands to electric power, petroleum, chemical, metallurgy, municipal construction, construction, environmental protection, and other industries. Shanghai Guangdian Electric Group Co., Ltd. was founded in 1986 and is based in Shanghai, China.

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Guangdian Electric Plans to Spend 100 Million to 200 Million Yuan on Share Buyback

Guangdian Electric announced that the company plans to repurchase shares through centralized bidding with an amount no less than 100 million yuan and no more than 200 million yuan. The repurchased shares are intended for future employee stock ownership plans or equity incentives, with a repurchase price not exceeding 4.2 yuan per share.
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GigaDevice Chairman Proposes Up to 2 Billion Yuan Buyback and Share Cancellation

GigaDevice Chairman Zhu Yiming has proposed that the company repurchase A-shares through centralized bidding, with a total amount of no less than 1 billion yuan and no more than 2 billion yuan. After the buyback, the shares will be cancelled in accordance with the law and the registered capital will be reduced. At the same time, Zhu Yiming plans to increase his holdings in the company from December 13, 2026 to July 29, 2027, with an increase amount of no less than 1 billion yuan. Shanghai Guangdian Electric plans to repurchase shares with 100 million to 200 million yuan for an employee stock ownership plan or equity incentives, with a buyback price not exceeding 4.2 yuan per share. Shanghai Phoenix plans to repurchase B-shares with 117 million to 195 million yuan for cancellation, with a buyback price not exceeding 0.575 US dollars per share. The actual controller of ArcSoft has proposed to repurchase shares with 100 million to 150 million yuan for an employee stock ownership plan or equity incentives. In addition, several companies including Xingqi Pharmaceutical, Wondfo Biotech, Rijiu Optoelectronics, Anfu Technology, and Shichuang Energy have collectively disclosed the progress of their first buybacks. Among them, Xingqi Pharmaceutical repurchased 460,200 shares for the first time, paying a total of 18.2997 million yuan; Rijiu Optoelectronics repurchased 2.8 million shares for the first time, paying a total of 29.5839 million yuan.
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Guangdian Electric Expects Loss of 22 Million to 38 Million Yuan in First Half of 2026

Guangdian Electric disclosed its earnings forecast, expecting a net loss attributable to shareholders of 22 million to 38 million yuan in the first half of 2026, compared with a profit of 2.34 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 24 million to 40 million yuan, versus a profit of 1.18 million yuan a year earlier. The company said that rising commodity prices pushing up costs and exchange losses from US dollar exchange rate fluctuations are the main reasons for the expected loss. Guangdian Electric's main businesses are complete equipment and power electronics, and components.
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