G-bits directors conclude share reduction plans

Xiamen G-bits Network Technology Co., Ltd. (G-bits) has reported the completion of share reduction plans by Mr. Chen Tuolin, a director and 5% shareholder, and Ms. Liang Linli, a deputy general manager and board secretary.

Mr. Chen, who previously held 11.4379% of the company's total share capital, reduced his holdings by 153,800 shares through centralized bidding, representing 0.2135% of the total share capital. The total transaction value for Mr. Chen's reduction amounted to CNY 86,108,875.15, with share prices ranging from CNY 537.50 to CNY 667.00.

Ms. Liang Linli, holding 0.0186% of the company’s share capital before the reduction, sold 3,300 shares via centralized bidding, accounting for 0.0046% of the total share capital. Her total transaction value was CNY 1,912,670.00, with prices between CNY 570.80 and CNY 605.00 per share. Both executives’ reduction plans, initially disclosed in August 2025, are now concluded.

Following the reductions, Mr. Chen Tuolin now holds 8,086,225 shares, representing 11.2245% of the total share capital, while Ms. Liang Linli holds 10,120 shares, accounting for 0.0140%. The uncompleted portions of their respective plans have been terminated.