InnoScience's stock price plummeted 5.21% during intraday trading on Monday, reflecting significant selling pressure.

The sharp decline was primarily driven by concerns over H-share full circulation unlock, with approximately 374 million domestic shares recently approved for conversion and listing as H-shares. Additionally, STMicroelectronics' approximately 12.59 million cornerstone shares are set to unlock later this month, intensifying market worries about near-term supply overhang. Early private equity shareholders, who hold positions at much lower costs, maintain substantial unrealized gains, fueling expectations of gradual position reduction.

Broad weakness in the semiconductor sector further weighed on the stock, with several major industry peers also trading lower on the same day, indicating a convergence of stock-specific pressures and industry-wide headwinds.