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ECARX Holdings Inc. Reports $20M Share Repurchase Plan - Form 6-K December 2024

$ECX
Form 6-K
Filed on: 2024-12-20
Source
ECARX Holdings Inc. Reports $20M Share Repurchase Plan - Form 6-K December 2024

Here are the key insights extracted from the provided section of the financial report:

  1. Document Type: This is a Form 6-K, which is a report of a foreign private issuer submitted to the SEC, indicating the issuer is not based in the U.S.
  2. Company Name: ECARX Holdings Inc. (This is the translation of the registrant's name into English.)
  3. Commission File Number: 001-41576, which is the unique identifier for the company’s SEC filings.
  4. Reporting Period: The report is for the month of December 2024.
  5. Principal Executive Office Address:
  • 12/F, Tower 2, Park Place
  • 88 Baise Road
  • Xuhui District, Shanghai 200231
  • People's Republic of China
  1. Filing Status: The registrant indicates that it will file annual reports under Form 20-F, as evidenced by the check mark next to it. Form 40-F is not checked, indicating it will not file under that form.
  2. Explanatory Note: The current report on Form 6-K is incorporated by reference into a post-effective amendment (No. 2) to the registration statement on Form F-1 or Form F-3 (File No. 333-271861). This means that the details provided in this report are part of ongoing disclosures related to a previous filing.
  3. Exhibit Index:
  • Exhibit No. 99.1: This includes a press release regarding ECARX's announcement of a US$20,000,000 share repurchase program. This indicates a commitment by the company to potentially return value to shareholders through buying back its own shares.
  1. Signature Section: The report is signed by Jing (Phil) Zhou, who is the Chief Financial Officer of ECARX Holdings Inc., on December 20, 2024. This adds credibility and ensures that the information is officially recognized by the company.

Overall, the report indicates that ECARX Holdings Inc. is actively engaged in managing its shareholder value through a share repurchase program, and it is compliant with SEC filing requirements as a foreign private issuer.