Fudan Microelectronics has made an announcement stating that Shanghai Fuxin Fangao Integrated Circuit Technology Co., Ltd. (hereinafter referred to as "Fuxin Fangao") and Shanghai Guosheng Group Investment Co., Ltd. (hereinafter referred to as "Guosheng Investment") have recently entered into a Framework Agreement for Share Transfer. As per the terms of this agreement, Guosheng Investment is set to acquire 107 million A-share shares of Fudan Microelectronics currently held by Fuxin Fangao. These shares represent 12.99% of the company's total share capital. Upon completion of the transfer, Guosheng Investment will assume the position of the largest shareholder in Fudan Microelectronics. It's worth noting that Fudan Microelectronics will continue to operate without a controlling shareholder or an actual controller. Furthermore, this transfer is not anticipated to have a substantial impact on the company's day-to-day operations and management.