Ingenic Semiconductor directors, major shareholder complete share reductions

Ingenic Semiconductor (SZSE:300223) announced the conclusion of share reduction plans by several key stakeholders, including Beijing Junxin Co., Ltd., director Li Jie, director Xian Yonghui, director Zhang Yanxiang, and senior management member Zhang Min. The total reduction amounted to 2.63 million shares, representing approximately 0.5450% of the company's total share capital. The reductions, carried out via centralized bidding, align with the previously disclosed plan dated July 21, 2025.

Beijing Junxin Co., Ltd. reduced its holding by 799,960 shares from October 9-16, 2025, at an average price of 94.36 yuan, decreasing its total ownership from 1.41% to 1.25%. Director Li Jie sold 800,000 shares between September 17-24, 2025, at an average price of 83.97 yuan, reducing his stake from 3.88% to 3.71%. Director Xian Yonghui reduced 7,700 shares on November 10, 2025, at 99.02 yuan, while director Zhang Yanxiang sold 10,000 shares on September 30, 2025, at 90.48 yuan. Senior management member Zhang Min completed a reduction of 5,000 shares on November 11, 2025, at 95.26 yuan.

The company confirmed that the share reductions comply with relevant regulations and will not result in a change of control or negatively impact the company's continuous operations. Beijing Junxin Co., Ltd. is controlled by Liu Qiang, the company's controlling shareholder and actual controller, who acts in concert with Li Jie.