GigaDevice made an announcement stating that, on May 26, 2026, it received a "Notification Regarding the Equity Change Ratio Reaching the 1% Mark" from its principal shareholder, Zhu Yiming. Between May 11 and May 25, 2026, Zhu Yiming, through a combination of centralized bidding and block trading, sold off a cumulative total of 6.3299 million shares in the company. This sale constituted 0.9% of the company's entire share capital. After this alteration in equity, the aggregate shareholding percentage of Zhu Yiming and his affiliated entity, Hong Kong Yingfude Co., Ltd., diminished from 7.9% to 7%, thereby hitting the 1% equity change threshold. It's worth noting that Hong Kong Yingfude Co., Ltd.'s shareholding remained untouched during this process. The rationale behind this share sale was to adhere to a previously announced share reduction strategy, which has yet to be completely executed.