Shannon Core fell more than 4% in midday trading. Wuxi High-tech Zone New Energy Industry Development Fund reduced its holdings by 549,200 shares.

Concept stock of storage chips Shannon Chip Creation fell 4.13% to 187 yuan in early trading today, with a market value of about 87 billion yuan. The stock had reached a high of 204.57 yuan in intraday trading on Tuesday, setting a new record high with a cumulative increase of 6.2 times year-to-date. Shannon Chip Creation announced that Wuxi Hi-tech District's New Energy Industry Development Fund reduced its holdings by 549,200 shares through centralized bidding on November 11, 2025, decreasing its stake from 5.12% to 4.999985%. This equity change will not result in changes in the company's controlling shareholder or actual controller, nor will it have a significant impact on the company's governance structure and ongoing operations.