Core Viewpoint - Wentech Technology announced a plan for major shareholder Wuxi Guolian Integrated Circuit Investment Center to reduce its stake by up to 3% through block trading and centralized bidding, citing the need for the shareholder's operational plans [2][3] Shareholder Reduction Plan - Wuxi Guolian Integrated Circuit Investment Center plans to reduce its holdings by up to 24.89 million shares (2% of total share capital) through block trading and up to 12.44 million shares (1% of total share capital) through centralized bidding, totaling a maximum of 37.34 million shares [2] - The reduction period is set from November 27, 2025, to February 26, 2026 [2] Shareholder Background - As of the end of Q3, Wuxi Guolian Integrated Circuit Investment Center held 7.77% of Wentech Technology, making it the second-largest shareholder [3] - This marks the second reduction by Wuxi Guolian, following a previous announcement on June 5, 2025, to reduce up to 3% of its shares [3] Company Performance - Wentech Technology reported a revenue of 29.769 billion yuan for the first three quarters, a year-on-year decrease of 44%, while net profit attributable to shareholders was 1.513 billion yuan, an increase of 265.09% [3] - In Q3 alone, revenue was 4.427 billion yuan, down 77.38% year-on-year, but net profit was 1.04 billion yuan, up 279.29% [3] Semiconductor Business Concerns - The company addressed concerns regarding its subsidiary, Anshi Semiconductor, stating that the future trajectory and potential impacts of recent events are difficult to quantify, leading to uncertainty about the continuation of the semiconductor business's positive momentum [4] - If control of Anshi cannot be restored by the end of 2025, the company may face risks of revenue, profit, and cash flow adjustments [4] Market Performance - As of November 5, Wentech Technology's stock closed at 43.08 yuan per share, down 3.90%, with a total market capitalization of 53.62 billion yuan, reflecting an 11.09% increase year-to-date [4]
闻泰科技第二大股东再度减持3%股份