Sinotrans senior executives to sell shares citing personal needs

Sinotrans Co., Ltd. announced that its vice general manager, board secretary, and chief compliance officer Li Shichu, along with vice general manager Wang Dupeng, intend to divest a portion of their A-share holdings. Li Shichu currently holds 384,434 shares, representing 0.0054% of the company's total share capital, while Wang Dupeng holds 385,634 shares, also 0.0054%.

The reduction plan involves Li Shichu selling up to 96,100 A-shares, accounting for 0.0013% of the total share capital, and Wang Dupeng selling up to 96,300 A-shares, also 0.0013%. These sales will occur through concentrated competitive bidding over a three-month period, commencing 15 trading days after the announcement date and concluding between January 15, 2026, and April 14, 2026.

Li Shichu's shares were acquired through equity incentives, while Wang Dupeng's shares originated from both equity incentives and concentrated competitive bidding. Both executives cite personal financial needs as the reason for the planned disposals.