GalaxyCore (SH:688728) Zheng Quan Zhi Xing·2025-09-04 13:19Core Viewpoint - The report outlines the equity changes of GeKong Microelectronics Co., Ltd. (格科微有限公司), detailing the reduction in shareholding by several entities associated with Pacven Walden Ventures, primarily due to a combination of share reduction through competitive bidding and dilution from employee stock options [1][4]. Summary by Sections Section 1: Definitions - The report defines key terms related to the equity change, including the parties involved and the nature of the equity change [1]. Section 2: Information Disclosure Obligors - Five entities are identified as information disclosure obligors, all linked to Pacven Walden Ventures, with their respective addresses and registration details provided [2][3][4]. Section 3: Purpose of Equity Change - The equity change is attributed to: 1. Reduction of shares through competitive bidding 2. Passive dilution due to the exercise of employee stock options 3. Share reduction through inquiry transfer for financial needs - The change will not affect the control of the company or its governance structure [4]. Section 4: Method of Equity Change - Prior to the change, the obligors held a total of 126,821,550 shares, representing 5.08% of the total share capital. After the change, they hold 119,721,550 shares, or 4.60% of the total share capital. The reduction involved 7,100,000 shares [5][6]. Section 5: Trading History - There were no transactions involving the company's shares by the obligors in the six months preceding the report [6]. Section 6: Other Significant Matters - The obligors have disclosed all relevant information regarding the equity change and confirmed no other significant matters related to the change [7]. Section 7: Declaration of Information Disclosure Obligors - The obligors affirm the accuracy and completeness of the report, taking legal responsibility for its content [7].