Centec Communications (688702) has officially stated that one of its major shareholders, the National Integrated Circuit Industry Investment Fund Co., Ltd. (which holds over 5% of the company's shares), has reduced its stake by 4.1 million shares. This reduction was executed through centralized bidding transactions spanning from July 21 to August 6, 2026. Following this transaction, the shareholder's ownership percentage has dropped from 11.00% to 10.00%, representing a notable 5% decrease in its equity stake. Given that this equity reduction was carried out by a non-controlling shareholder, it does not meet the criteria for a tender offer and, consequently, will not lead to any alterations in the company's controlling shareholder or actual controller. As of now, the shareholder is continuing with its stake reduction plan.