Sinotrans executives complete planned share reductions

Sinotrans announced that deputy general manager, board secretary, and chief compliance officer, Li Shichu, and deputy general manager Wang Dupeng, have completed their planned share reductions. Li Shichu reduced his holding by 128,100 A-shares, representing 0.0018% of the company's total share capital, through concentrated competitive bidding. The total value of these sales amounted to 809,088.00 yuan, with prices ranging from 6.14 yuan to 6.48 yuan per share. After the reduction, Li Shichu holds 384,434 A-shares, or 0.0054% of the total share capital.

Similarly, Wang Dupeng completed the sale of 128,500 A-shares, accounting for 0.0018% of the company's total share capital, via concentrated competitive bidding. This transaction generated 815,981.00 yuan, with prices between 6.24 yuan and 6.47 yuan per share. Following the completion, Wang Dupeng's stake stands at 385,634 A-shares, or 0.0054% of the total share capital. Both executives' initial shareholdings were primarily obtained through equity incentives.

The company confirmed that both reduction plans were executed as disclosed, adhered to relevant laws and regulations, and fulfilled the minimum reduction quantities. There were no early terminations or violations of commitments.