Yinxi Technology: Senior executives plan to reduce their shareholding by no more than 0.51%
Silver Jubilee Technology announced that the company's directors and senior management, including Lin Dengcan, the director and general manager, plan to collectively reduce their holdings by no more than 2.427 million shares, accounting for 0.51% of the company's total share capital, through centralized bidding within three months after fifteen trading days from the date of the announcement. The main reason for the reduction is personal fund requirements, and the reduction price will be determined based on market prices. The source of the reduced shares includes the company's equity incentive plan or secondary market increase in holdings. This reduction will not result in a change in the company's control, nor will it affect the company's ongoing operations. The company will disclose the progress of the reduction plan in accordance with regulations.
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