Ecovacs Robotics director plans significant share reduction
Mr. Leng Leng, a director at Ecovacs Robotics Co., Ltd., plans to sell up to 300,000 shares. This represents approximately 0.05183% of the company's total share capital. The sales are scheduled over a three-month period, commencing 15 trading days after October 9, 2025, and concluding by January 29, 2026.
The shares will be divested through either block trading or centralized bidding. The primary reason cited for this divestment is personal financial needs. The shares to be sold originated from equity incentives and centralized bidding acquisitions.
Ecovacs Robotics clarifies that this planned reduction results from the director's personal financial requirements and is not anticipated to have a major impact on the company's governance structure or ongoing operations.
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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