NBD AI Bulletin - GigaDevice Semiconductor (Beijing) Inc. (the Company) announced on January 22 that large shareholder National Integrated Circuit Industry Investment Fund Co., Ltd. plans to reduce its stake in the Company by no more than 9.43 million shares from February 22, 2021 to August 20, 2021.

Gigadevice Semiconductor Inc. is chaired by Zhu Yiming, 49 years old, Chinese national, with a bachelor's and master's degree from Tsinghua University, and a master's degree from the State University of New York at Stony Brook, USA, former senior engineer at iPolicy Networks Inc.

Tips on "Stock Trends":

1. The number of shares held by northbound investors in the Company increased by 2.7295 million in the past 30 days, representing 0.63% of the Company's circulating shares. 

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

3. The Company last released a shareholding reduction announcement on November 20, 2020, with shares rising 1.45% the second trading day. The Company in the past 12 months issued a total of 13 such announcements. 

(By Lan Suying)

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