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Alibaba Network trims stake in ASR Microelectronics to 11.17%

ASR Microelectronics announced that shareholder Alibaba Network reduced its stake by 5.2831 million shares from August 17 to September 7, 2026, via centralized bidding and block trades. The holding fell from 12.43% to 11.17%, crossing the 1% threshold. The reduction does not trigger a mandatory offer or change in control.

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