Zhitong Finance App News, Baiwei Storage (688525.SH) announced that the company's wholly-owned subsidiary, Hainan Nanbi Computing Technology Co., Ltd., and Xu Linxian, the actual controller of the company and mother of Sun Chengsi, the controlling shareholder, each plan to transfer 380.66 million shares from the shareholders of Niuxin Semiconductor (Shenzhen) Co., Ltd. (“CW Semiconductor”), accounting for 0.8446%. As of the disclosure date of the announcement, the company's related party, National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (“National Integrated Circuit Fund Phase II”), held 6.7568% of the shares in Niuxin Semiconductor.

Zhitong Finance App News, Baiwei Storage (688525.SH) announced that the company's wholly-owned subsidiary, Hainan Nanbi Computing Technology Co., Ltd., and Xu Linxian, the actual controller of the company and mother of Sun Chengsi, the controlling shareholder, each plan to transfer 380.66 million shares from the shareholders of Niuxin Semiconductor (Shenzhen) Co., Ltd. (“CW Semiconductor”), accounting for 0.8446%. As of the disclosure date of the announcement, the company's related party, National Integrated Circuit Industry Investment Fund Phase II Co., Ltd. (“National Integrated Circuit Fund Phase II”), held 6.7568% of the shares in Niuxin Semiconductor.