Will Semiconductor: Controlling shareholder plans to reduce holdings by no more than 9 million shares

NBD AI Bulletin - Will Semiconductor Ltd ("the Company", SH 603501, closing price: 202.35 yuan) announced in the afternoon of November 20 that the company's controlling shareholder Yu Renrong plans to reduce his stake in the company by no more than 9 million shares, or 1.0422% of the Company's total equity, from December 14, 2020 to June 12, 2021.

The 2019 annual report shows that Will Semiconductor Ltd mainly engages in semiconductor design and sale, electronic components distribution and sale, accounting for 83.33% and 16.4% of its revenue, respectively.

Will Semiconductor Ltd's chairman is Yu Renrong, male, 54 years old, Chinese national, no overseas permanent residency, university degree. Will Semiconductor Ltd's general manager is Wang Song, male, 44 years old, Chinese national, bachelor's degree in radio technology and economics at Tianjin University, EMBA degree at Xi'an Jiaotong University.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company increased by 6.2843 million in the past 30 days, representing 0.83% of the Company's circulating shares;

2. There was no institutional research on the Company in the past 30 days;

3. Will Semiconductor Ltd last issued a share reduction announcement on November 11, 2020. In the past 12 months, the Company released a total of 13 announcements of such kind.  

(By Lan Suying)

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