HC SemiTek shareholder's stake drops below 10%

Yiwu Hexie Cinguang Equity Investment Partnership (Limited Partnership), a shareholder in HC SemiTek Corporation, has reduced its stake to 10.0000% from 11.3076%, triggering a 5% integer multiple disclosure. This reduction involved both passive dilution from share incentive plans and active selling. The shareholder sold 20,013,200 shares through concentrated bidding on the Shenzhen Stock Exchange between August 26, 2025, and September 16, 2025, at an average price of 9.21 yuan per share.

The passive dilution occurred due to the registration of shares from HC SemiTek's 2021 and 2024 restricted stock incentive plans. These changes do not affect the company's control or its operational stability. As of the report date, Yiwu Hexie Cinguang holds 162,299,843 shares, with no pledges or freezes on its holdings.

Yiwu Hexie Cinguang has indicated it may further adjust its holdings in the next 12 months based on market conditions and its own capital requirements. The firm, established on June 16, 2016, is primarily engaged in equity investment and management.