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GigaDevice has released an official announcement detailing that several of its top executives intend to reduce their shareholdings, driven by personal financial requirements. Specifically, He Wei, the company’s Vice Chairman and General Manager, has outlined plans to sell up to 63,800 shares, representing 0.0096% of the company’s total share capital. Similarly, Hu Hong, serving as both a Director and Deputy General Manager, intends to offload no more than 106,400 shares, equating to 0.0159% of the total share capital. Sun Guijing, the Deputy General Manager and Chief Financial Officer, is set to reduce her stake by a maximum of 48,200 shares, or 0.0072% of the total. Lastly, Li Baokui, another Deputy General Manager, plans to divest up to 30,600 shares, accounting for 0.0046% of the company’s overall share capital.
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