---
title: "Chipsea: Repurchase account plans to reduce holdings by 1.00%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/250123635.md"
description: "Chipsea announced that the company repurchased a total of 2.2906 million shares from January 29, 2024, to April 29, 2024, accounting for 1.61% of the total share capital; it plans to reduce no more than 1.4206 million shares, accounting for 1.00% of the total share capital, through centralized bidding from August 18, 2025, to November 18, 2025, with the funds raised used to supplement working capital"
datetime: "2025-07-25T10:29:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/250123635.md)
  - [en](https://longbridge.com/en/news/250123635.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/250123635.md)
generator: "portal-rs"
---

# Chipsea: Repurchase account plans to reduce holdings by 1.00%

Chipsea Technology announced that from January 29, 2024, to April 29, 2024, it repurchased a total of 2.2906 million shares, accounting for 1.61% of the total share capital; it plans to reduce no more than 1.4206 million shares through centralized bidding from August 18, 2025, to November 18, 2025, accounting for 1.00% of the total share capital, with the funds used to replenish working capital

### Related Stocks

- [688595.CN](https://longbridge.com/en/quote/688595.CN.md)

## Related News & Research

- [Negative Link Announces Global Expansion and Next Phase of Growth](https://longbridge.com/en/news/296644416.md)
- [Ukrainian drones kill several, hit warehouse of Russian online retailer Ozon](https://longbridge.com/en/news/296678295.md)
- [FMR trims Irish Residential Properties REIT stake below 8% to 7.95%](https://longbridge.com/en/news/296505561.md)
- [JDC: Record growth in turnover and EBITDA, with strong outlook driven by new regulation and AI](https://longbridge.com/en/news/296247395.md)
- [Demant hearing care chief Niels Wagner sells shares worth DKK 1.47 million](https://longbridge.com/en/news/296345010.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**