Suzhou Novosense Microelectronics (688052.SH) intends to collectively reduce its ownership by up to 3% of its shares.

Suzhou Novosense Microelectronics (688052.SH) announced that, due to its own funding needs, the company's shareholder Guorun Ruiqi plans to reduce its holdings by no more than 1% of the total share capital during the disclosed reduction period, with a cumulative reduction of no more than 1.4253 million shares. Also, shareholder Huiyue Growth plans to reduce its holdings by no more than 1% of the total share capital during the disclosed reduction period through block trading or competitive trading, with a cumulative reduction of no more than 1.4253 million shares due to its own funding needs. Furthermore, shareholders Suzhou Huaye and its concerted action person Changsha Huaye plan to reduce their holdings by no more than 1% of the total share capital during the disclosed reduction period through block trading or competitive trading, with a cumulative reduction of no more than 1.4253 million shares due to their own funding needs.