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Xingfu Electronics (Stock Code: 688545.SH) has disclosed that its major shareholder, the National Integrated Circuit Industry Investment Fund Co., Ltd. (Phase II) —which holds over 5% of the company's shares—plans to divest up to 7.2 million shares, equivalent to no more than 2% of Xingfu Electronics' total share capital. This divestment will be executed through centralized bidding or block trading mechanisms, spanning from June 11, 2026, to September 10, 2026, driven by the fund's own capital management requirements. As of the conclusion of the first quarter, the National Integrated Circuit Industry Investment Fund (Phase II) possessed a 6.94% equity stake in Xingfu Electronics, thereby establishing itself as the second-largest shareholder of the company.
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