Shanghai, Feb 2, 2026, 09:16 (GMT+8) — Premarket
- A shareholder group intends to unload up to 10.25 million shares, representing 1.949%, through block trades starting March 4
- VeriSilicon Class A shares closed Friday at 222.01 yuan, rising 6.02%
- Traders are eyeing the opening print to see if the sell plan chips away at momentum following the sharp rally
VeriSilicon Microelectronics (Shanghai) Co., Ltd. Class A shares are set to draw attention at Monday’s open after a shareholder group announced plans to sell up to 1.95% of its stake. The stock closed Friday at 222.01 yuan, up 6.02%, and has climbed roughly 62% year to date, according to Marketscreener data. (MarketScreener)
The timing is crucial as the stock has surged quickly. According to TradingView data, shares reached a record peak of 237.79 yuan on Jan. 26 and have climbed over 300% in the last year. That kind of jump can easily make planned sales weigh on sentiment in the short term. (TradingView)
The group—three investment partnerships known together as the “Xingcheng” parties—reported holding 34,459,511 shares, equal to 6.5523% of the company. They intend to offload up to 10,250,000 shares. These sales are scheduled between March 4 and June 3 through block trades, driven by the shareholders’ funding requirements. According to the filing, the entities fall under the indirect control of Chen Xiaofei.
Block trades are negotiated transactions, usually executed outside the regular order book. While they help sellers minimize market impact, sizable blocks can still shift expectations about buyer interest levels.
The filing included the standard warnings. Shareholders noted that execution hinges on market conditions and the share price, with timing, volume, and pricing still up in the air. This means the overhang could ease if the stock dips or if demand turns out stronger than anticipated.
VeriSilicon, a chip design and IP licensing firm, sells a “Silicon Platform as a Service” model that covers end-to-end custom silicon solutions and semiconductor IP. The company is based in Shanghai, China, and trades on the Shanghai Stock Exchange’s STAR Market. (SSE)
Traders face a straightforward dilemma: will the stock drop sharply on the headline, or will buyers shrug off the sale window as a distant concern? Using block trades might soften sharp sell-offs, but it also sets a clear timeline for when supply could hit the market.
There’s a behavioural side to this as well. When a stock makes a big run, investors start zeroing in on who’s still holding sizable pre-IPO stakes—and how ready those holders might be to cash out, especially with the stock near recent highs.
March 4 marks the next key date when the selling window opens. Traders will be watching closely for any block trades and checking if those shares hit the market at a discount to the current price.
