Yutong Optical: Shareholders plan to reduce holdings

Dongguan Yutong Optical Technology (SZSE:300790) announced that several key shareholders and a senior executive plan to reduce their stakes in the company. Chairman Zhang Pinguang, holding 11.5023% (42,674,341 shares), intends to reduce his holdings by no more than 1,500,000 shares (0.4043% of the company's total share capital). Concerted actor Zhang Pinzhang, holding 1.3914% (5,162,222 shares), plans to reduce his holdings by up to 800,000 shares (0.2156%). Senior Manager Chen Tianfu, holding 0.5384% (1,997,564 shares), intends to reduce his holdings by no more than 200,000 shares (0.0539%). The reduction will occur via either centralized bidding or block trading within three months, from July 10, 2025, to October 9, 2025. The company noted that the decisions on the method and timing of reduction are subject to market conditions and personal financial requirements.