Yonghui Superstores VP plans minor share reduction

Yonghui Superstores Co., Ltd. (SSE:601933) announced that vice president Ms. Luo Wenxia plans to reduce her shareholding by up to 108,790 shares through centralized bidding. This represents approximately 0.0012% of the company's total share capital. As of the announcement date, Ms. Luo holds 435,160 shares, amounting to 0.0048% of the company's total share capital, all acquired through equity incentives. The reduction is cited as being due to personal financial needs.

The share reduction is scheduled to occur over a three-month period, commencing approximately fifteen trading days after the announcement date, specifically between November 7, 2025, and February 6, 2026. The specific price for the reduction will be determined by market conditions. The company stated that the actual implementation of the plan, including timing, price, and volume, remains subject to Ms. Luo's discretion based on market conditions and her personal financial needs.

Yonghui Superstores emphasized that the plan will strictly adhere to relevant securities laws and regulations, including guidelines for share reductions by shareholders, directors, supervisors, and senior management of listed companies. The company confirmed that Ms. Luo is not currently subject to any restrictions preventing her from reducing her shares.