Eastone Century director completes share reduction plan

Eastone Century Technology (SZSE:300310) announced that director Wu Weisheng has completed their previously disclosed share reduction plan. Wu Weisheng reduced their stake by 5,070,000 shares at an average price of 8.27 yuan per share, representing 0.5751% of the company's total share capital. The transactions took place between December 30, 2024, and February 17, 2025, via centralized bidding. Following the reduction, Wu Weisheng's holdings in Eastone Century have decreased from 20,289,312 shares (2.3013%) to 15,219,312 shares (1.7262%). The company stated that the share reduction complied with relevant regulations and did not violate any prior commitments. Wu Weisheng is not a controlling shareholder, and the reduction will not impact the company's control structure.