Kingsemi senior manager plans share reduction for personal financial needs

Wang Mingbo, a senior manager at Kingsemi, plans to divest up to 26,976 shares, representing 0.0134% of the company's total share capital. Wang Mingbo holds 107,906 shares, or 0.0535% of the company's total equity. The shares were acquired through other means.

The proposed sale, driven by personal financial needs, will occur via centralized bidding within a three-month period following 15 trading days from the announcement date. The reduction window is scheduled from October 27, 2025, to January 26, 2026. This follows a previous share reduction by Wang Mingbo between September 30, 2024, and September 30, 2024, where 21,605 shares were sold at prices ranging from RMB 81.40 to RMB 82.82.

Kingsemi stated that the actual implementation of the plan remains subject to market conditions and the company's stock price. The company will ensure timely information disclosure in accordance with regulatory requirements.