Ge Weidong and Wang Ping Increase GigaDevice Stakes to 2.34% and 1.23%
Ge Weidong and Wang Ping increased their stakes in GigaDevice as of July 31, 2026. Ge holds 16.4467 million shares (2.34%), and Wang holds 8.5999 million (1.23%), up 185,100 and 1,026,700 shares from the first quarter end. Based on the August 6 closing price of RMB385, their combined stake is valued at nearly RMB10 billion. Ge, head of Hundun Investment, and Wang are spouses. Among top shareholders, Zhu Yiming holds 4.94%, HKSCC Nominees 4.74%, and Hong Kong Securities Clearing Company 4.63%; Ge ranks fourth, Wang sixth.
GigaDevice announced on August 6, 2026, disclosing shareholder holdings as of July 31. The announcement showed that Ge Weidong held 16.4467 million shares, representing 2.34% of the company; Wang Ping held 8.5999 million shares, representing 1.23%. Compared with the end of the first quarter, Ge Weidong's holdings increased by 185,100 shares, and Wang Ping's by 1,026,700 shares. Ge Weidong is the head of Hundun Investment and is married to Wang Ping. On July 31, 2026, the company's board of directors approved a plan to repurchase A-shares and disclosed information on the top ten shareholders.
According to public information, Ge Weidong first appeared in GigaDevice's 2018 half-year report, holding 2.524 million shares at the end of that period, making him the eighth-largest circulating shareholder. He has continued to increase his position since. At the end of the first quarter of 2026, GigaDevice's share price was still below RMB250 per share, and by late June it had risen to above RMB846 per share. On August 6, the stock closed at RMB385 per share. Based on that price, Ge Weidong's stake was valued at RMB6.332 billion, Wang Ping's at RMB3.311 billion, and their combined stake was close to RMB10 billion. Among the top ten shareholders, Zhu Yiming held 4.94%, HKSCC NOMINEES LIMITED held 4.74%, and Hong Kong Securities Clearing Company Limited held 4.63%. Ge Weidong ranked as the fourth-largest shareholder, and Wang Ping as the sixth-largest.