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Ingenic Semiconductor shareholder cuts stake by 1%

September 15, 2025 at 08:30 AM UTCBy FilingReader AI

Beijing Yitang Sengxin Semiconductor Industry Investment Center (Limited Partnership), a shareholder of Ingenic Semiconductor, reduced its stake by selling 4,825,400 shares through centralized bidding. This transaction occurred between July 18, 2025, and September 12, 2025. The reduction represents a 0.999999% decrease in its shareholding.

Prior to the adjustment, Beijing Yitang Sengxin held 43,428,616 shares, accounting for 8.99999% of the total share capital. Following the sale, its ownership now stands at 38,603,216 shares, or 7.999991%. The shareholder confirmed that this move aligns with its operational arrangements and does not affect the company's control or ongoing business stability.

Beijing Yitang Sengxin is not a controlling shareholder or actual controller of Ingenic Semiconductor. The shareholder also affirmed its compliance with previous commitments made during the major asset restructuring of Beijing GigaDevice Semiconductor Co., Ltd., specifically regarding the non-transfer of newly acquired shares within 12 months post-issuance.

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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