Wolong Electric execs plan share reduction
** Wolong Electric Group (SSE:600580) announced that director and senior executive Li Ming plans to reduce his holdings by no more than 409,364 shares, representing approximately 0.0314% of the company's total share capital, while director Wan Chuangqi plans to reduce his holdings by no more than 307,480 shares, or roughly 0.0236% of the total share capital. These shares are derived from the company's employee stock ownership plan. The reduction period is slated to commence 15 trading days after the announcement date and extend for three months, with sales executed via centralized bidding, and are dependent on personal funding needs. The company stated the planned reductions align with relevant regulations and will closely monitor progress, disclosing information in accordance with regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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