Daye shares directors plan to reduce holdings

Shandong Daye (SSE:603278) announced that several directors and senior executives intend to reduce their holdings in the company. The planned reductions are due to personal funding requirements. Individuals involved include Director and General Manager Zheng Hongxia, Senior Management Zhang Lanzhou, Secretary Niu Haiping, and CFO Li Xia. The total number of shares to be sold will not exceed 1,571,125 shares, which accounts for 0.4410% of the company's total equity. The selling will occur through either centralized bidding or block trades within three months, starting 15 trading days after the announcement date. The price will be determined by market conditions.