<div id="readability-page-1"><h3>Memorial Day Sale – Claim 70% Off TipRanks</h3><ul><li>Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. </li><li>Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter </li></ul>An update from Giga Device Semiconductor Inc. Class H ( (HK:3986) ) is now available. GigaDevice Semiconductor Inc., a Hong Kong-listed Chinese semiconductor company, reported a change in the shareholding of its controlling shareholder and concert parties, who together are substantial shareholders holding at least 5% of the company’s shares. The disclosure identifies founder Zhu Yiming as the controlling shareholder and InfoGrid Limited as a concert party, underscoring the concentrated ownership structure. The aggregate equity interest held by these parties decreased from 7.90% to 7.00%, crossing the 1% disclosure threshold but not triggering any mandatory bid obligation under Hong Kong listing rules. The company stated that this change does not breach any existing commitments, intentions, or plans, signaling that while control remains firmly with the existing shareholder group, there has been a modest reduction in their stake that investors may monitor for future governance or ownership developments. More about Giga Device Semiconductor Inc. Class H GigaDevice Semiconductor Inc. is a Chinese joint stock company listed in Hong Kong, operating in the semiconductor industry. The company focuses on designing and supplying integrated circuits and related semiconductor products to a broad customer base, leveraging its position as a key technology provider in the People’s Republic of China. Average Trading Volume: 1,981,032 Current Market Cap: HK$386.5B </div>

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GigaDevice Semiconductor Inc. disclosed a reduction in the stake held by its controlling shareholder group from 7.90% to 7.00%. Founder Zhu Yiming and InfoGrid Limited are identified as key shareholders. This change does not breach any commitments and does not trigger mandatory bid obligations under Hong Kong rules, indicating stable control despite the minor stake reduction.

GigaDevice Discloses 0.9-Point Stake Cut by Controlling Shareholder Group