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Shaanxi Construction Engineering executives plan share reduction

June 27, 2025 at 09:15 AM UTCBy FilingReader AI

Shaanxi Construction Engineering Group Co., Ltd. (SSE:600248) announced that senior executives Zheng Falong and Yan Yongjun intend to reduce their holdings in the company. Zheng Falong, the general counsel, and Yan Yongjun, the deputy general manager, currently hold 250,000 shares each, representing 0.0066% of the company's total share capital. Both executives plan to reduce their holdings by no more than 41,800 shares each, representing 0.0011% of the company's total share capital, through centralized bidding. The reduction will occur within three months following 15 trading days from the announcement date, with prices determined by market conditions. The shares being divested originated from the company's 2023 restricted stock incentive plan. The announcement was made on June 18, 2025.

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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