Recently, Tuhu Company announced in a statement that, based on the share repurchase authorization approved by shareholders, it plans to repurchase 11,284,400 Class A shares in the open market between June 25, 2024, and February 14, 2025. This repurchase amount represents 1.38% of the company's issued share capital. Notably, Tuhu has already repurchased and canceled 12,286,900 Class A shares from the market in the first half of 2024, demonstrating the company's proactive attitude towards capital operations.
In another important aspect of business development, Tuhu recently announced the successful deployment of AI models such as DeepSeek-R1 and V3, integrating these models into the company's core business processes. The full implementation of this technology will significantly enhance Tuhu's operational management. It is understood that Tuhu has previously applied AI technology in various operational scenarios such as smart customer service and store management, improving work efficiency and customer satisfaction.
This share repurchase and deep application of AI technology not only reflect Tuhu's confidence in the market but also showcase its ongoing exploration in technological innovation. By utilizing large models like DeepSeek, Tuhu aims to further optimize user experience and enhance operational management efficiency, laying a more solid foundation for future development.
As technology continues to advance, Tuhu's initiatives may become a model for other companies in the industry, encouraging more firms to invest in optimizing artificial intelligence and equity management. In the future, Tuhu will continue to seek greater breakthroughs in technology and capital markets to better serve its vast user base.
