Major shareholder trims Wingtech Technology stake, triggers 1% disclosure
Wingtech Technology Co., Ltd. announced on December 23, 2025, that its major shareholder, Wuxi Guolian Integrated Circuit Investment Partnership (Limited Partnership), reduced its stake, leading to a change in equity that touched the 1% threshold. The investor decreased its holdings from 6.82% to 5.85% between December 9 and December 22, 2025.
During this period, Wuxi Guolian Integrated Circuit Investment Partnership sold 12,096,973 shares, representing 0.97% of the company's total share capital, through centralized bidding and block trading. This reduced its total shares from 84,873,566 to 72,776,593.
This equity change aligns with a previously disclosed share reduction plan from November 6, 2025. The reduction will not alter the company's controlling shareholder or actual controller. The investor will continue to comply with disclosure requirements as part of its ongoing share reduction plan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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