Giantec shareholder stake reduced below 5% after transfer

Giantec Semiconductor Corporation announced that four of its shareholder entities—Deng Silicon Full Investment Management, Wang Silicon High Investment Management, Jian Silicon Zhan Investment Management, and Fa Silicon Teng Investment Management—have collectively reduced their holdings. These entities, all employee stock ownership platforms, transferred 1,980,000 shares at a price of CNY 69.59 per share through an inquiry-based transfer. As a result, their combined ownership decreased from 5.16% to 3.91% of Giantec's total share capital. The transfer involved 16 institutional investors. The company clarified that this transfer does not involve changes to its controlling shareholders or actual controllers. Post-transfer, the four entities collectively hold 6,187,129 shares in Giantec.