芯原股份：大基金拟2026年减持不超1.7%股份

Summary of Key Points Core Viewpoint - The announcement of the share reduction plan by Chip Origin Technology (688521) indicates a strategic move by a major shareholder, the National Integrated Circuit Industry Investment Fund, to manage its operational needs while maintaining its stake in the company [1] Group 1: Shareholder Reduction Details - The National Integrated Circuit Industry Investment Fund holds 34,724,272 shares of Chip Origin, representing 6.6034% of the total share capital [1] - Since the company's listing in August 2020, the fund has not executed any share reductions [1] - The planned reduction involves a maximum of 8,939,590 shares, which accounts for no more than 1.70% of the total shares [1] Group 2: Reduction Method and Timeline - The reduction will be executed through two methods: a centralized bidding process for up to 2,629,291 shares and block trading for up to 6,310,299 shares [1] - The reduction period is set from January 21, 2026, to April 20, 2026, lasting three months [1] Group 3: Background Information - The reason for the share reduction is stated as operational management needs [1] - In December 2025, the third phase of the fund, Huaxin Dingxin, plans to invest 300 million yuan in acquiring the Zhudian Semiconductor project [1] - The share reduction is not expected to lead to any change in the company's control or governance structure [1]