Hoshine Silicon shareholder to trim stake in multi-method sale

Hoshine Silicon Industry announced that its shareholder, Fuda Industrial Company, plans to reduce its stake by up to 27,070,548 shares, representing 2.29% of the company's total share capital. The divestment, driven by Fuda Industrial's capital requirements, will occur over a three-month period starting from November 14, 2025, and concluding on February 13, 2026.

The reduction will be carried out through a combination of methods. Fuda Industrial intends to sell up to 11,822,069 shares via concentrated bidding, equivalent to 1% of the company's total share capital. Additionally, up to 15,248,479 shares will be sold through block trading, accounting for 1.29% of the total share capital. The actual selling price will be determined by market conditions at the time of the transactions.

Fuda Industrial Company currently holds 27,070,548 unrestricted tradable shares, all of which were acquired prior to Hoshine Silicon's initial public offering. This planned reduction will not result in a change of control for Hoshine Silicon Industry.