East Microelectronics: The company intends to reduce its holdings by 0.92%.
On May 24th, Dongwei Semiconductor announced that its shareholder, Suzhou Industrial Park Desu Jucai Enterprise Management Partnership Enterprise, recently received a "Withdrawal Application" issued by its limited partner, Suzhou Zhiyujiatong Entrepreneurship Investment Partnership Enterprise. Based on its own capital needs, Zhiyujiatong applied to withdraw from Desu Jucai and entrusted Desu Jucai to reduce all of its shares held. Desu Jucail intends to reduce the total 112,580 shares held by Zhiyujiatong through bulk transactions, accounting for 0.92% of the company's total share capital. One of the company's controlling shareholders and Chairman and General Manager Gong Yi will not participate in this reduction, and it does not involve the situation where the controlling shareholder intends to reduce the company's shares.
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