Flat Glass Group shareholders complete share reduction plan

Flat Glass Group Co., Ltd. announced the completion of its share reduction plan by certain controlling shareholders, directors, supervisors, and senior management, including Ms. Jiang Jinhua and Mr. Wei Yezhong. The cumulative reduction totaled 29,980,300 shares, representing 1.2796% of the company's total share capital. The plan, initially disclosed on August 28, 2025, concluded on September 30, 2025.

Ms. Jiang Jinhua, the controlling shareholder, reduced her holdings by 14,000,000 shares via block trades at a total value of 217,000,000 yuan. Other key participants like Mr. Wei Yezhong and Mr. Shen Qifu also reduced their holdings through concentrated bidding, with total values of 26,815,362 yuan and 17,835,223.76 yuan, respectively.

The reduction by all participating parties, including Mr. Zheng Wenrong, Mr. Shen Fuquan, Mr. Zhu Quanming, Mr. Wei Zhiming, Mr. Zhao Changhai, and Mr. Pan Rongguan, was carried out within the specified period of September 19, 2025, to September 30, 2025, and aligned with the previously disclosed plan and minimum reduction quantities.