Dosilicon released an official announcement, revealing that its pre - IPO shareholders, namely Oriental Hengxin Group and Suzhou Dosilicon Technology Innovation, intend to collaboratively transfer 13.2675 million shares, which account for 3% of the company's entire share capital, through a bidding transfer mechanism. The entities carrying out this transfer are the company's controlling shareholder and its associated parties, both of which hold more than 5% of the company's shares. It's important to note that this bidding transfer won't take place through centralized bidding methods or block trading channels. Moreover, the party receiving the shares must demonstrate the ability to accurately price the shares and possess a sufficient level of risk tolerance. The primary motivation behind this share transfer is to meet the funding requirements of the shareholders.
