Shengyi Technology senior management completes share reductions

Three senior executives of Shengyi Technology Co., Ltd. have completed their shareholding reduction plans, as disclosed in a recent announcement. Chairman Zeng Honghui, board secretary Tang Furong, and chief engineer Zeng Yaode collectively divested a total of 1,394,290 shares of the company through concentrated bidding.

Zeng Honghui sold 537,390 shares for a total of RMB 20,487,896, reducing her stake from 0.0950% to 0.0729%. Tang Furong divested 180,000 shares for RMB 6,549,200, with her holding decreasing from 0.0362% to 0.0288%. Zeng Yaode sold 676,900 shares for RMB 24,014,957, bringing his ownership from 0.1142% to 0.0864%. All transactions were executed via concentrated bidding.

The reductions were carried out between June 10 and September 9, 2025, adhering to the previously announced limits. As of the disclosure date, the plans have been fully implemented, with all executives completing their intended share reductions.