Yifeng Pharmacy executives to reduce shareholdings for personal financial needs

Yifeng Pharmacy Chain Co., Ltd. announced that two senior executives, vice president Wang Yonghui and vice president Xiao Zaixiang, plan to reduce their shareholdings in the company. As of the announcement date, Wang Yonghui holds 601,440 shares, representing 0.0124% of the total share capital, while Xiao Zaixiang holds 254,760 shares, or 0.0052%. The shares originated from restricted stock incentive plans and capital reserve transfers.

Wang Yonghui intends to reduce his holdings by no more than 150,300 shares, and Xiao Zaixiang by no more than 63,600 shares. These amounts represent no more than 25% of their respective current holdings, totaling 213,900 shares. The share reductions will be conducted via centralized bidding and are scheduled to occur over a three-month period, from December 8, 2025, to March 7, 2026. The selling price will be determined by market rates at the time of the reduction.

The company stated that the reduction plans are in response to the executives' personal financial needs. Yifeng Pharmacy Chain will ensure strict compliance with relevant regulations during this period, including timely information disclosure.