Core Viewpoint - FORTIOR (峰岹科技) shares have experienced a decline of nearly 8%, currently trading at 186 HKD with a transaction volume of 124 million HKD, following an announcement of a planned share reduction by a major shareholder [1] Company Summary - FORTIOR is a chip design company specializing in the design and development of BLDC motor drive control chips [1] - The company is recognized as the first in China to focus on BLDC motor drive control chip design [1] - As of December 31, 2023, FORTIOR holds a 4.8% market share in China's BLDC motor control and drive chip market, ranking sixth in terms of revenue, and is the only Chinese company among the top ten firms in this market [1] Shareholder Activity - Shanghai Huaxin, a shareholder of FORTIOR, plans to reduce its holdings by up to 3.00% of the company's total share capital, amounting to a maximum of 341.76 million shares [1] - The reduction period is set for three months starting fifteen trading days after the announcement [1]
FORTIOR再跌近8% 股东上海华芯拟减持股份不超过3%公司股份