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On May 26, Corelink Integrated Circuits disclosed that its significant shareholders, Shaoxing Rixinrui and Shaoxing Guixinrui, collectively possess 446 million shares, constituting 5.33% of the company's total share capital. These two shareholders have outlined a strategy to jointly reduce their shareholdings by a maximum of 27.2658 million shares, which equates to 0.3253% of the company's entire share capital. This reduction will be executed through centralized bidding transactions over a period from June 17 to September 16, 2026. Specifically, Rixinrui intends to divest no more than 13.1931 million shares, whereas Guixinrui aims to offload up to 14.0727 million shares. The driving force behind this share reduction is the need to settle matured loan obligations.
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