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TPS65916: Powerhold doesn't work

Part Number: TPS65916

Hello team,

GPIO_5 is set at POWERHOLD and DEV_ON is set at 0h.
Following picture shows that RESET_OUT is still high though POWERHOLD become low but RESET_OUT become low when power is off.

Why this IC don't be ACT2OFF mode when POWERHOLD is set at low?
I would appreciate if you share your thoughts how POWERHOLD can work.

Best regards,
Koyo