SM Micro: Shareholder Mingwei Technology intends to inquire about the transfer of 6.2284 million shares

SM Micro announced that its shareholder, Mingwei Technology, intends to inquire about the transfer of 6.2284 million shares, accounting for 5.66% of the company's total share capital. This transfer aims to optimize the shareholder structure of the controlling shareholder and introduce potential strategic investors, while also considering its own funding needs. The lower limit of the transfer price shall not be less than 70% of the average trading price of SM Micro's shares over the 20 trading days prior to the issuance of the subscription invitation letter. The transferee shall not transfer the shares acquired through the inquiry transfer within 6 months after the acquisition