Jufei Optoelectronics executives plan to reduce holdings

Shenzhen Jufei Optoelectronics (SZSE:300303) announced that key executives, including Chairman and General Manager Xing Meizheng, Vice General Manager Li Danning, and Board Secretary Yu Fang, intend to reduce their holdings. Xing Meizheng, who holds 7.7293% of the company's shares, plans to reduce his stake by no more than 20,000,000 shares (1.4201%). Li Danning, owning 0.1278% of shares, intends to reduce by a maximum of 450,000 shares (0.0320%). Yu Fang, with 0.1433% ownership, plans to reduce her holdings by up to 500,000 shares (0.0355%). The reduction period will begin 15 trading days after the announcement date and last for three months, with sales occurring through block trades or through the open market. The executives cite personal financial needs as the reason for the share reduction.