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Ingenic Semiconductor shareholder reduces stake by 1%

October 21, 2025 at 10:59 AM UTCBy FilingReader AI

Beijing E-Town Coretech Semiconductor Industry Investment Center (Limited Partnership), a shareholder of Ingenic Semiconductor, has reduced its stake in the company. Between September 16, 2025, and October 20, 2025, the investment center disposed of 4,825,441 shares through concentrated bidding. This transaction represents a 1.000007% reduction in its total shareholding.

Following this divestment, Beijing E-Town Coretech Semiconductor Industry Investment Center (Limited Partnership) now holds 33,777,775 shares, equivalent to 6.999984% of Ingenic Semiconductor's total share capital. Prior to the reduction, its holdings amounted to 38,603,216 shares, or 7.999991%. The investment center is not a controlling shareholder or the ultimate controller of Ingenic Semiconductor, and this change does not impact the company's control or ongoing operations.

The reduction aligns with the shareholder's business arrangements and does not violate prior commitments made during the major asset restructuring of Beijing ISSI, where the investment center acted as an earnings promise party. The company affirmed that all previous commitments regarding share transactions were adhered to.

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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