FilingReader Intelligence

TongFu Microelectronics shareholder dips stake below 8%

June 30, 2025 at 05:21 PM UTCBy FilingReader AI

TongFu Microelectronics (SZSE:002156) announced that shareholder National Integrated Circuit Industry Investment Fund Co., Ltd. (the "Fund") reduced its stake in the company by 1% through trading on the Shenzhen Stock Exchange. The Fund decreased its holding by 15,175,969 shares between June 11, 2025, and June 27, 2025, bringing its ownership down from 8.77% to 7.77%. The Fund initially announced plans to reduce its holdings in TongFu Microelectronics on May 19, 2025, with plans to sell no more than 37,939,922 shares. The Fund's disposal was attributed to its own operating needs, and TongFu Microelectronics stated that the change would not affect the company's control or governance structure.

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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