Cashed out 1.6 billion yuan! Wentai Technology’s second largest shareholder plans to reduce holdings by no more than 37.33 million shares

Cashed out 1.6 billion yuan! Wentai Technology’s second largest shareholder plans to reduce holdings by no more than 37.33 million shares

On the evening of November 5th, Wentai Technology announced that its second largest shareholder, Wuxi Guolian Integrated Circuit Investment Center (Limited Partnership) (hereinafter referred to as Wuxi Guolian), plans to reduce its holdings of the company’s shares by no more than 24.892720 million shares (not exceeding 2% of the company’s total share capital) through bulk trading and no more than 12.44636 million shares (not exceeding 1% of the company’s total share capital) through centralized bidding trading.

The reduction will be carried out within 3 months after 15 trading days from the date of the announcement, and the reduction price will be determined based on market conditions. The reason for reducing holdings is due to the shareholders’ own business plan needs.

According to the above announcement, the total reduction of holdings will not exceed 37.33908 million shares, and the reduction ratio will not exceed 3%. If calculated based on the closing price of 43.08 yuan/share on November 5th, the cash out amount this time is approximately 1.6 billion yuan.

According to the announcement, prior to the implementation of this reduction plan, Wuxi Guolian held 96.718566 million shares of Wentai Technology, accounting for 7.77% of its total share capital. These shares were acquired through the company’s issuance of shares to purchase assets and are all unrestricted tradable shares.

According to the Tianyancha APP, Wuxi Guolian was established in November 2018 with a registered capital of 3 million yuan. Its business scope is to invest in integrated circuits using its own funds. Wuxi Guolian Industrial Investment Group Co., Ltd. holds 83.3% of its shares.

Wuxi Guolian has repeatedly reduced its holdings of Wentai Technology. From June 27th to September 26th this year, the company reduced its holdings of 12.4191 million shares of Wentai Technology through centralized bidding, accounting for 0.9979% of the total share capital, with a transaction price of 36.36-48.95 yuan/share and a total reduction amount of 496 million yuan. Before the reduction, it held 109 million shares of Wentai Technology, accounting for 8.77%; After reducing its holdings, it holds 96.7186 million shares, accounting for 7.77%.

Since the end of last year, due to the impact of international affairs, Wentai Technology’s revenue has decreased significantly. At the end of September this year, its core subsidiary Anshi Semiconductor was embroiled in an international crisis, which once again posed challenges to its operations.

In response to recent events at Anshi Semiconductor, Wentai Technology stated in its third quarter performance report that the company’s semiconductor business performed outstandingly during the reporting period, achieving a year-on-year growth of 12.20% in revenue. However, in the later stage, Anshi Semiconductor and Anshi Semiconductor Holdings received a ministerial order from the Dutch Ministry of Economic Affairs and Climate Policy and a ruling from the Amsterdam Court of Appeal’s Corporate Court. The specific direction and potential impact of these events are difficult to quantify, and there is currently uncertainty about whether the semiconductor business can maintain its good development momentum in the first three quarters.

According to the financial report of Wentai Technology, in the third quarter of 2025, the company achieved a revenue of 4.427 billion yuan, a year-on-year decrease of 77.38%; The attributable net profit was 1.04 billion yuan, a year-on-year increase of 279.29%. In the first three quarters, the company achieved a revenue of 29.769 billion yuan, a year-on-year decrease of 44%; The attributable net profit was 1.513 billion yuan, a year-on-year increase of 265.09%.

In response to the decline in revenue, Wentai Technology stated that the company’s semiconductor business revenue has increased significantly year-on-year. However, due to the company’s inclusion in the entity list at the end of 2024 and the expansion of understanding and implementation of relevant regulations by suppliers and customers out of caution, the revenue from product integration business has significantly decreased year-on-year. After completing the sale of four domestic subsidiaries in July, the company is no longer the main responsible person in product integration business, and related revenue is recognized on a net basis, further reducing the revenue year-on-year. In response to the increase in net profit attributable to the parent company, the company stated that with the sale of product integration business, the loss of product integration business has decreased compared to the same period last year.

As of the close on November 5th, Wentai Technology’s stock price fell by 3.90%, with a market value of 53.618 billion yuan.

 
© 版权声明
THE END
If you like it, please support it
点赞8 分享
comment 抢沙发

请登录后发表评论

    暂无评论内容