Sidiwei: subsidiary plans to reduce its holdings of NVTS shares

FIFA News Agency, May 26 / PRNewswire-FirstCall-Asianet /-- Halo Microelectronics International Corporation, the company's second-tier wholly-owned subsidiary, plans to reduce its holdings of NVTS (hereinafter referred to as "NVTS") shares in the US NASDAQ stock market. Based on the closing price of NVTS shares on May 24, 2023, the market value of the company's NVTS shares is about $31.57 million, equivalent to about 223 million yuan.