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VeriSilicon Holdings has made an announcement stating that Wang Zhiwei, who serves as both the Executive Vice President and the General Manager of the Custom Chip Platform Business Unit within the company, has plans to decrease his shareholding by up to 31,000 shares. This transaction will be executed via centralized bidding within the timeframe from October 23, 2026, to January 22, 2027. The planned reduction accounts for a mere 0.0059% of the company's entire share capital. Wang Zhiwei's decision to reduce his stake is primarily driven by personal financial requirements. It's worth noting that no specific price range has been established for this share reduction. Taking into account the closing price of RMB 208.03 per share on September 22, the maximum market value of the shares to be divested is estimated to be around RMB 6.4489 million.
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