AJA Semiconductor (688220.SH) announced that from November 24 to December 1, 2025, Alibaba (China) Network Technology Co., Ltd. reduced its stake in AJA Semiconductor by 5.439 million shares through centralized bidding and block trading, bringing its shareholding ratio down from 13.99% to 12.69%, representing a 1% change in equity. This share reduction was an initiative taken by the shareholder and does not involve a tender offer. It will not result in a change of the company's actual controller, nor will it affect the company's governance structure and continuous operation.
