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Tuhu repurchases 11.28 million Class A shares and integrates DeepSeek's large model to help the operation system
Jinshi data news on February 17th, Tuohu announced that it will repurchase 11.28 million Class A shares in the open market from June 25, 2024 to February 14, 2025, accounting for 1.38% of the issued share capital. In the first half of 2024, Tuohu has repurchased and canceled a total of 12,286,900 Class A shares from the open market, showing management's confidence in the business prospects. In terms of business development, Tuohu recently announced that the company has completed the deployment of models such as DeepSeek-R1 and V3, and integrated them into the core business processes, which will soon be fully launched and used.