Chinese company GigaDevice announced that as of the disclosure date, it had cumulatively repurchased 3.0086 million shares through centralized bidding, representing 0.43% of its total share capital, with a total payment of 1.115 billion yuan. The repurchase price ranged from 271.43 yuan/share to 411.95 yuan/share, with an average price of 370.64 yuan/share. The repurchased shares will be cancelled to reduce the company's registered capital.