Wujin Stainless Steel directors complete share reduction plan

Jiangsu Wujin Stainless Steel Company Limited announced that its directors and senior management, Zhou Zhibin, Liu Yiming, and Wu Fangmin, have completed their share reduction plan initially disclosed on September 30, 2025. The plan involved a total reduction of up to 623,402 shares, representing 0.11% of the company's total share capital. The reductions were carried out via concentrated bidding between November 3 and November 4, 2025.

Zhou Zhibin reduced his holdings by 157,500 shares at prices ranging from CNY 10.10 to CNY 10.17 per share, totaling CNY 1,594,100.52. Liu Yiming reduced his holdings by 345,000 shares at prices between CNY 10.15 and CNY 10.25 per share, amounting to CNY 3,522,612. Wu Fangmin's reduction involved 120,800 shares at prices from CNY 10.10 to CNY 10.18 per share, for a total of CNY 1,224,080.

Following these transactions, Zhou Zhibin now holds 472,500 shares (0.0842%), Liu Yiming holds 1,035,319 shares (0.1845%), and Wu Fangmin holds 362,494 shares (0.0646%). The company confirmed that the actual reductions align with the disclosed plan and the minimum reduction quantities were met.