Verisilicon Microelectronics (Shanghai) Co., Ltd. (688521.SH): National Integrated Circuit Fund plans to reduce its shareholding by up to 1.7%.

Verisilicon Microelectronics (Shanghai) Co., Ltd. (688521.SH) announced that the company recently received a notice from the National Integrated Circuit Fund regarding a plan to reduce its shareholding in the listed company. Due to the operational needs of the shareholder, the National Integrated Circuit Fund plans to reduce its holdings of the company's shares through a combination of centralized bidding (including fixed-price trading after hours) and block trading, with a total reduction not exceeding 8,939,600 shares, representing a reduction of no more than 1.7%.