GigaDevice has officially declared that its shareholder, Zhu Yiming, has successfully executed a cumulative reduction of his stake in the company, divesting 11.1106 million shares, which accounts for 1.58% of the total share capital. This transaction was carried out via centralized bidding and block trading mechanisms over the period from May 6 to June 12, 2026. The aggregate proceeds from this share reduction amounted to a substantial 4.4 billion yuan. The price range for the shares sold fluctuated between 339.44 yuan and 538.9 yuan per share. As of now, the share reduction plan has been fully realized. Post-reduction, Zhu Yiming retains a stake of 34.6474 million shares in the company, constituting a 4.94% ownership interest. Concurrently, he has pledged to refrain from further reducing his shareholding in the company for the ensuing 12 months, commencing from July 29, 2026.