Hangzhou Great Star senior executives plan share reductions

Hang Zhou Great Star Industrial (SZSE:002444) announced that Vice President Li Feng plans to reduce his holdings by no more than 213,300 shares, representing approximately 0.02% of the company's total share capital. Concurrently, Vice President and Board Secretary Zhou Siyuan intends to reduce his stake by a maximum of 125,000 shares, accounting for roughly 0.01% of the total share capital. Both executives cite personal financial needs as the reason for the planned reductions. These transactions are expected to occur via centralized bidding within a three-month window, starting 15 trading days after the announcement date and ending September 16, 2025. Li Feng currently holds 853,277 shares (0.07%), while Zhou Siyuan possesses 500,000 shares (0.04%). The company stated that these reductions will not affect its control structure or operations.