On February 9, reports surfaced indicating that, since the year's onset, the National Integrated Circuit Industry Investment Fund's ongoing reductions of stakes in semiconductor companies have continued to capture market interest. On the evening of February 8, Anlogic revealed that its shareholder, Phase I of the National Integrated Circuit Industry Investment Fund, intends to divest no more than 2% of the company's total share capital over the next three months. This represents the third instance Anlogic has been notified of a stake reduction plan by the Fund since 2025. Concurrently, semiconductor firms like Shanghai Simgui Technology, Telink Semiconductor, and Smarter Microelectronics have also recently disclosed the status or plans regarding stake reductions by the Fund. According to the information released, both Phase I and Phase II of the Fund have undertaken stake reductions, predominantly involving well-established companies within the semiconductor industry chain. Despite the flurry of stake reductions in the near term, the industry largely perceives this as a standard withdrawal move for the Fund, functioning as an industrial investment entity, with its enduring strategic focus on bolstering industry growth and facilitating domestic substitution remaining steadfast.