Maxscend Microelectronics (300782.SZ) shareholders Huizhi Investment plan to reduce their holdings by no more than 2.08 million shares.

Maxscend Microelectronics (300782.SZ) announced that the company's shareholder, Wuxi Huizhi United Investment Enterprise (Limited Partnership) (referred to as "Huizhi Investment"), plans to reduce its holdings of the company's shares by no more than 2.08 million shares (0.39% of the company's total share capital) through block trades within three months after fifteen trading days from the date of this announcement.