【Epoch Times News May 25, 2026】On May 22, seven semiconductor industry chain listed companies, including Zhongwei Corporation and Lanqi Technology, simultaneously disclosed reduction plans, cashing out nearly 12.7 billion yuan (RMB) at the latest closing price, setting the largest single-day reduction scale in the semiconductor sector recently.
According to reports from mainland Chinese media such as “First Financial,” “Fast Technology,” and “Meeting News,” the seven companies are Zhongwei Corporation, Lanqi Technology, Aojet Technology, Changxin Bochuang, Canqin Technology, Jingsheng Corporation, and Guangli Micro, covering various key areas such as semiconductor equipment, chip design, materials, and more, with many being leading companies in niche sectors.
Based on the closing prices of the day, the total planned cash-out scale of the seven companies reached 12.692 billion yuan, setting a new high in single-day reduction amounts in the semiconductor sector this year.
There are mainly two methods for reducing holdings. Lanqi Technology, Canqin Technology, and Jingsheng Corporation use inquiry transfers to transfer shares in bulk to institutions, exerting a relatively smaller direct impact on the secondary market. The remaining four companies reduce holdings through traditional methods.
Zhongwei Corporation, a leading company in semiconductor equipment, tops the list in terms of the reduction scale this time. The major shareholder, Xunxin Investment, plans to reduce holdings of up to 12.5768 million shares, accounting for 2% of the total share capital of the company, corresponding to approximately 5.906 billion yuan at the latest closing price. At the same time, Chairman Yin Zhiyao and seven other executives plan to reduce holdings of up to 221,600 shares, totaling approximately 104 million yuan, with a planned cash-out of 6.01 billion yuan in total.
This is the third time Xunxin Investment has reduced its holdings in Zhongwei Corporation within a year. Prior to this, it cashed out approximately 6.57 billion yuan on April 29, 2025 and November 13, 2025 respectively. With the addition of this reduction, the total cash-out will exceed 12 billion yuan.
Lanqi Technology, a leading company in memory interface chips, ranks second in reduction scale. Shareholder Shanghai Rongying Enterprise Management Partnership (Limited Partnership) plans to reduce holdings by 12.228 million shares, corresponding to approximately 3.324 billion yuan, accounting for 1% of the total share capital of the company, reducing its ownership percentage to 2.10% after the transfer is completed.
Aojet Technology, with Alibaba as its largest shareholder, is reducing its holdings again after half a year. The company plans to reduce holdings by up to 12.549 million shares, accounting for 3% of the total share capital, corresponding to approximately 1.453 billion yuan. Alibaba had completed a round of reductions from October to December 2025, reducing its ownership from 12.43% to 9.43% after this reduction.
The reduction scales of the other companies are relatively small.
According to reports, several companies had shown strong performances in their stock prices earlier, some just setting new highs. The concentrated reduction at this time could easily increase short-term selling pressure and affect market sentiment in the sector.
On May 25, the topic labeled “7 Semiconductor Companies Cash Out Nearly 12.7 Billion” surged on Weibo’s hot search list.
Netizens commented, “The semiconductor sector is just hitting new highs and these 7 star stocks plan to cash out 12.7 billion, setting the largest single-day reduction scale in the semiconductor sector recently!” “This is the nature of A shares, whenever the stock price reaches new highs, major shareholders definitely cash out, directly impacting market confidence.” “Is it to boost shipments? Can someone explain if the semiconductor sector is over?” “Going public is just for cashing out.”
“This is why there are no value investments in A shares, only short-term value investments. For high-quality industries and companies, sell when the price rises and buy back when it falls, although trading is tiring, but it is definitely stronger than holding for value investments.”
“We in the digital circle have been focusing on the skyrocketing AI chip computing power, thinking that the semiconductor spring has just arrived, but the major shareholders are directly reaping the rewards. 7 star stocks announced nearly 12.7 billion in reduction plans overnight, with Zhongwei Corporation alone cashing out 6 billion. It’s like you just stayed up all night to get the latest graphics card, enjoying it, but the company executives are pulling out large sums of stocks. The peak of the product cycle does not equate to the peak of the capital cycle. The hotter the industry, the better time it is for big funds to cash out. Retail investors are recharging for the AI belief, while shareholders are leaving with real money.”