On September 28, 2026, BASiC Semiconductor Co., Ltd. (BASICSEMI) repurchased 50,000 H shares on the SEHK open market at an average of HKD 41.1538 per share, involving about HKD 2.06 million, and held them as treasury shares. Zhihan Wang, as the controlling shareholder with over one-third voting rights in the company, is deemed to have an interest in the repurchased shares, resulting in an increase in his long position. This transaction is an on-exchange buyback by the issuer and does not constitute a direct secondary-market dealing by the declarant.
Prior to the acquisition, Zhihan Wang's long position in BASICSEMI was 123.15 million shares, representing 42.83%; following the acquisition, the holding changed to 123.20 million shares, with the long position ratio rising to 42.85%.