Dongfang Electric senior management to sell shares

Dongfang Electric Corporation's senior management, including senior vice president Wang Jun, vice president Hu Xiukui, and vice president Dan Jun, have announced a plan to reduce their shareholdings. Wang Jun holds 25,000 shares (0.0007% of total share capital), Hu Xiukui holds 65,000 shares (0.0019%), and Dan Jun holds 30,000 shares (0.00087%). All shares were obtained through equity incentives.

The executives plan to sell shares via centralized bidding on the Shanghai Stock Exchange, starting 15 trading days after the announcement and lasting for three months, avoiding periods restricted by law. Wang Jun intends to reduce his holding by up to 6,250 shares, Hu Xiukui by up to 16,250 shares, and Dan Jun by up to 7,500 shares. These reductions represent no more than 25% of each individual's total holdings as of the end of the previous year.

The share sales are driven by the executives' personal capital requirements, with selling prices to be determined by market rates. The reduction period is scheduled from December 26, 2025, to March 25, 2026.