Translating to Megachips Innovation: Controlling shareholder Zhu Yiming plans to reduce shareholding by 1.60%.
ZTE Innovation announcement, as of the disclosure date, controlling shareholder and actual controller Zhu Yiming holds 45.758 million shares, accounting for 6.53%, and its acting in concert with Hong Kong Ying Fude Limited holds 13.0535 million shares, accounting for 1.86%. Due to personal funding needs, Zhu Yiming plans to reduce his holdings by no more than 7 million shares through centralized bidding from April 30, 2026 to July 29, 2026, and by no more than 4.21 million shares through block trading, with a total reduction of no more than 11.21 million shares, accounting for 1.60% of the total share capital of the company.
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