Asr Microelectronics Co.,Ltd. (688220.SH) announced that on December 1, 2025, the company received a notice from its shareholder Alibaba regarding a change in shareholding exceeding 1%. Between November 24 and December 1, 2025, Alibaba reduced its stake in the company by 5.439 million shares through centralized bidding and block trades. As a result, Alibaba's ownership decreased from 13.99% to 12.69% of the total shares.
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