TES Touch Embedded Solutions (003019.SZ) plans to sell no more than 1.22% of its shares in its affiliated company ITH.

TES Touch Embedded Solutions (003019.SZ) announces that its wholly-owned subsidiary TES Touch Embedded Solutions Inc. (referred to as "Samoa Chenzhan") intends to sell up to 6 million shares of ITH Corporation (referred to as "ITH"), representing 1.22% of ITH's current total share capital, through centralized bidding, after-hours pricing, or block trading. ITH was listed on the Taiwan Stock Exchange on November 26, 2024. After listing, Samoa Chenzhan held 2.03% of ITH's total share capital. As of December 12, 2024, Samoa Chenzhan has sold a total of 2.772 million shares of ITH through centralized bidding, representing 0.56% of its total share capital.