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On November 11, Gongjin Co., Ltd. released a record sheet of investor relations activities. Regarding the company's future product and technology direction and the impact after state-owned holdings, the company responded that the main products cover network communication services such as PON, AP, DSL, and small base stations, digital communication services such as switches, servers, core routes, etc., and smart hardware manufacturing businesses such as automotive electronics, cleaning, and home robots; the controlling shareholder Tangshan Industrial Control has initiated a centralized procurement platform for raw materials after obtaining control of the company to reduce procurement costs and improve supply chain efficiency. It also stated that it will continue to combine operating cash flow, capital expenditure and shareholder return requirements, etc. Strengthen market value management and investor returns.
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On November 11, Gongjin Co., Ltd. released a record sheet of investor relations activities. Regarding the company's future product and technology direction and the impact after state-owned holdings, the company responded that the main products cover network communication services such as PON, AP, DSL, and small base stations, digital communication services such as switches, servers, core routes, etc., and smart hardware manufacturing businesses such as automotive electronics, cleaning, and home robots; the controlling shareholder Tangshan Industrial Control has initiated a centralized procurement platform for raw materials after obtaining control of the company to reduce procurement costs and improve supply chain efficiency. It also stated that it will continue to combine operating cash flow, capital expenditure and shareholder return requirements, etc. Strengthen market value management and investor returns.
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