China IC Fund Plans to Cut Stake in VeriSilicon by Up to 0.20%
2026-07-09 13:23:07
VeriSilicon said in a July 10 filing that shareholder National Integrated Circuit Industry Investment Fund Co., Ltd. (China IC Fund), which holds more than 5% of the company, plans to sell up to 1,051,800 shares via centralized bidding from July 31, 2026 to October 30, 2026, representing no more than 0.20% of total share capital. The sale price will reference market prices and no price range has been set; the fund cited its own operational and management needs as the reason. Based on the July 8 closing price of 309.5 yuan per share, the planned sale implies a maximum market value of about 326 million yuan, according to Jiemian News.
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