Sinotrans executives to sell small portions of company shares
Sinotrans vice general manager, board secretary, and chief compliance officer Li Shichu, and vice general manager Wang Dupeng, have announced plans to reduce their shareholdings in the company. Li Shichu, who holds 512,534 A-shares (0.0070% of total share capital), intends to sell up to 128,100 shares, representing 0.0018% of the company's total share capital. Wang Dupeng, holding 514,134 A-shares (0.0071%), plans to divest up to 128,500 shares, also equating to 0.0018% of total share capital.
The planned reductions will occur via centralized competitive bidding within a three-month period, starting 15 trading days after the announcement date. The estimated window for these transactions is from November 20, 2025, to February 19, 2026. The shares to be sold by Li Shichu were acquired through equity incentives, while Wang Dupeng's shares originated from both equity incentives and centralized competitive bidding.
Both executives cited personal capital requirements as the reason for the share sales. Sinotrans will ensure strict adherence to all relevant laws and regulations during this period, including timely information disclosure.
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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