Telink Semiconductor (Shanghai) Co., Ltd. (688591.SH) main shareholder, the National Fund, plans to reduce its shareholding by no more than 2%.
Teling Micro announced that the shareholder, National Integrated Circuit Industry Investment Fund, holds more than 5% of the company's shares.
Telink Semiconductor (Shanghai) Co., Ltd. (688591.SH) announcement: The shareholder National Integrated Circuit Industry Investment Fund Co., Ltd. ("National Fund") holding more than 5% of the company's shares plans to reduce its total holding of the company's shares by no more than 4.8 million shares through centralized bidding trading within 3 months after 15 trading days from the date of this announcement (i.e. February 17, 2025 to May 16, 2025), with a planned reduction ratio not exceeding 2% of the total share capital of the company.
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