Siway Microelectronics: Summitview Capital and Affiliates Plan to Reduce Stake by Up to 1%
2025-08-13 / Read about 0 minute
Author:小编   

Siway Microelectronics has announced that its shareholder, Summitview Capital, along with its affiliates Beijing Yihe and Shanghai Lingguan, intends to reduce their collective stake in the company by a maximum of 861,400 shares, equivalent to approximately 1% of the company's total share capital. This reduction will occur within three months following a period of 15 trading days via centralized bidding. The shares being divested are from the pre-IPO and pre-listing holdings of these shareholders. The reason cited for this reduction is the shareholders' internal funding requirements.