Sanxing medical secretary plans share reduction

Ningbo Sanxing Medical Electric Co., Ltd. announced that its director and board secretary, Guo Su, plans to reduce her shareholding. As of the announcement date, Guo Su holds 600,000 shares, representing 0.04% of the company's total share capital.

The reduction plan, driven by personal financial needs, involves selling no more than 150,000 shares (0.01% of total share capital) through concentrated bidding. This amount represents up to 25% of her current holdings. The sales are scheduled to occur between October 24, 2025, and January 23, 2026, with prices determined by market conditions at the time of execution. The shares to be sold were obtained through equity incentives.

The company stated that this reduction plan is in compliance with relevant securities laws and regulations and is not expected to significantly impact the company's governance structure or ongoing operations. Investors are advised to consider the potential market uncertainties regarding the actual implementation of the plan.