Latest news and articles about shareholder reduction
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Jingzhida, a STAR Market maker of semiconductor test equipment, announced a RMB 29.59 billion private placement to fund R&D and industrialisation while a major shareholder plans to sell about RMB 417 million worth of shares. The move comes after a 778% share-price surge, and follows 2025 results showing strong revenue growth but falling net profit due to heavy R&D and stock-based compensation.
