SM Micro(SH:688699) Zheng Quan Zhi Xing·2025-08-27 11:12Core Viewpoint - Shenzhen Mingwei Electronics Co., Ltd. (the "Company") announced a significant equity change where its major shareholder, Shenzhen Mingwei Technology Co., Ltd. ("Mingwei Technology"), reduced its shareholding from 52.57% to 46.91% through a block transfer of shares [1][2][3] Group 1: Shareholder Transfer Details - Mingwei Technology transferred 6,228,432 shares, representing 5.66% of the total share capital of the Company, at a price of 30.69 CNY per share [3][6] - After the transfer, Mingwei Technology and its concerted action parties will hold a total of 51,636,245 shares, which is 46.91% of the total share capital [4][6] - The transfer does not lead to a change in the control of the Company, as the actual controller, Wang Lekang, did not participate in this transfer [3][6] Group 2: Transfer Process and Results - The transfer process involved an inquiry to 172 institutional investors, including 47 fund management companies and 36 securities companies, with 24 valid bids received during the specified time [6] - The final transfer price was determined based on the average trading price of the Company's shares over the previous 20 trading days, ensuring compliance with market regulations [6] - The transfer was conducted under the supervision of CITIC Securities, which confirmed that the process adhered to fair and just principles in line with regulatory requirements [6]