Red Star Meikailong (01528.HK) has completed the sale of the third phase of the employee stock ownership plan and terminated it.

International Financial News App Information: Red Star Macalline (01528.HK) announced that as of the disclosure date of this announcement, the 5.8162 million shares of the company held by the employee stock ownership plan have been fully sold, accounting for approximately 0.13% of the total share capital of the company. According to the relevant regulations of the employee stock ownership plan, the plan will terminate after the completion of asset liquidation and distribution work.