Zhanpeng Technology shareholder reduces holdings via competitive bidding

Zhanpeng Technology Co., Ltd. (SSE:603488) announced that shareholder Ding Yu completed a reduction of company shares through centralized competitive bidding. As of the disclosure, Ding Yu holds 9,030,619 shares, representing 3.09% of the company's total share capital. During the reduction period, from November 12, 2024, to February 11, 2025, Ding Yu cumulatively reduced holdings by 2,800,000 shares, accounting for 0.96% of total shares. The average transaction price ranged from 7.72 to 9.39 yuan per share, totaling approximately 23.14 million yuan. The reduction was consistent with the previously disclosed plan. The reduction plan period expired on February 11, 2025.