Set micro-grid news, advanced semiconductor announcement, recently, the company was informed by the major shareholder of China Orient Asset Management Co., Ltd., December 7, 2017, it has entered into a share transfer agreement with China Semiconductor, pursuant to which Oriental Asset Management About 179 million domestic shares of the Company were sold to Huaxia Semiconductor, accounting for approximately 11.69% of the total issued share capital of the Company, and Oriental Asset Management ceased to be the shareholder of the Company after completion of the disposal.
Announcement shows that China Semiconductor has about 26.45% stake in Shanghai Belling, and Shanghai Belling holds about 88,726,400 domestic shares, accounting for about 5.78% of the total issued share capital of the company.
