Core Viewpoint - Lexin Technology (688018.SH), a leading company in the AIoT chip sector, has proposed a share buyback plan to demonstrate confidence in its development and maintain investor interests [1][2]. Financial Performance - For the first three quarters of 2025, Lexin Technology achieved revenue of 1.912 billion yuan, a year-on-year increase of 30.97%, and a net profit attributable to shareholders of 377 million yuan, up 50.04% year-on-year [1][4]. - The company's comprehensive gross margin rose to 46.17%, an increase of 3.36 percentage points compared to the same period last year [4]. Share Buyback Plan - The proposed share buyback will utilize self-owned funds, with a total amount ranging from 50 million yuan to 100 million yuan, and a maximum repurchase price of 170.29 yuan per share [2]. - The buyback is expected to involve 293,600 to 587,200 shares, representing 0.18% to 0.35% of the company's total share capital [2]. Financing and Investment Plans - Concurrently with the buyback, Lexin Technology is advancing its financing efforts, planning to raise up to 1.778 billion yuan through a private placement to invest in core projects such as Wi-Fi 7 and AI edge chips [3]. - This marks the company's third attempt at refinancing since its listing in 2019, with previous attempts having been terminated [3]. Research and Development - Lexin Technology has consistently increased its R&D investment, with cumulative R&D expenses reaching 1.926 billion yuan from 2021 to the first three quarters of 2025 [5]. - The company has obtained a total of 210 authorized patents and software copyrights, including 101 invention patents and 39 U.S. patents, reflecting its strong focus on innovation [5].