Songzhi Corporation: Some directors and senior executives have completed the planned reduction of 499,400 shares.
Songzhi Co., Ltd. announced that Vice Chairman and President Ji Ankang, Vice President Huang Guoqiang, and Vice President and Secretary of the Board of Directors and Chief Financial Officer Chen Rui, originally planned to collectively reduce their holdings by no more than 499,400 shares through block trades or centralized competitive trading by 2025, i.e. no more than 0.0798% of the total share capital. The reduction period was from September 22 to December 21, 2025. Recently, the reduction plan period has expired and been fully implemented. The three individuals respectively reduced their holdings by 349,300 shares, 107,800 shares, and 42,300 shares, with reduction ratios of 0.0558%, 0.0172%, and 0.0068% respectively. The shares reduced were all from the restricted stocks granted by the equity incentive plan.
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