Jereh Group executives complete shareholding increase plan

Yantai Jereh Oilfield Services Group (SZSE:002353) announced that its Chairman, Li Huitao, President, Li Zhiyong, and Vice President, Lu Wei, have completed their shareholding increase plan. From September 19, 2024, to March 18, 2025, the executives collectively purchased 203,600 shares via the Shenzhen Stock Exchange, totaling approximately ¥7.17 million (excluding transaction fees). Specifically, Li Huitao acquired 67,700 shares, Li Zhiyong bought 67,100 shares, and Lu Wei added 68,800 shares to their holdings. The company stated that the increase reflects the executives' confidence in the company's development and long-term investment value. Jereh confirmed the purchases complied with relevant regulations and will not affect the company's listing status or control structure.