ASR Microelectronics has declared that Alibaba (China) Network Technology Co., Ltd., a significant shareholder with a stake exceeding 5%, had initially intended to divest up to 3% of the company's total share capital. By the time of the announcement's disclosure, Alibaba Network had successfully offloaded 7.7658 million shares, constituting 1.8565% of the entire share capital, with the total value of the divested shares reaching RMB 703 million. The remaining shares slated for reduction will not be sold, marking an early termination of the share reduction plan. Furthermore, from September 8 to September 10, 2026, Alibaba Network executed an additional reduction of 2.4827 million shares, thereby decreasing its shareholding ratio from 11.17% to 10.58%, reflecting a 1% alteration in equity. It is important to note that this transaction does not qualify as a tender offer and will not precipitate any changes in the company's de facto controller.