Tuhu repurchases 11.28 million Class A shares and completes the DeepSeek big model access

Recently, Tuhu Company announced in an announcement that in accordance with the share repurchase authorization approved by shareholders, it plans to repurchase 11284,400 Class A shares in the open market from June 25, 2024 to February 14, 2025. This repurchase accounted for 1.38% of the company's issued share capital. It is worth noting that in the first half of 2024, Tuhu has repurchased and cancelled 12286,900 Class A shares from the market, which shows the company's positive attitude in capital operations.

In another important aspect of business development, Tuhu recently announced that it has successfully completed the deployment of artificial intelligence models such as DeepSeek-R1 and V3, and connected these models to the company's core business processes. The full launch of this technology will bring significant improvements to Tuhu's operation and management. According to the understanding, Tuhu has applied artificial intelligence technology to multiple operation scenarios such as intelligent customer service and store management, improving work efficiency and customer satisfaction.

The in-depth application of this equity repurchase and AI technology not only reflect Tuhu's confidence in the market, but also demonstrate its continuous exploration of technological innovation. By using large models such as DeepSeek, Tuhu hopes to further optimize user experience, improve operational management efficiency, and lay a solid foundation for future development.

With the continuous advancement of technology, Tuhu's measures may become a role model for other companies in the industry to learn from, prompting more companies to invest in the optimization of artificial intelligence and equity management. In the future, Tuhu will continue to strive for greater breakthroughs in the technology and capital markets to better serve the broad user base.