Capchem executives plan share reduction, signaling potential stock movement
Shenzhen Capchem Technology disclosed that key personnel, including Director and Executive Vice President Zhou Aiping, Director and Vice President Xie Weidong, Vice President Jiang Xisong, Vice President Song Hui, and Jiang Hao, the ex-spouse of former Vice President Mao Yuhua, intend to reduce their stake in the company. Zhou Aiping plans to reduce holdings by 400,000 shares, Xie Weidong by 450,000 shares, Jiang Xisong by 291,000 shares, Song Hui by 42,800 shares and Jiang Hao by 85,000 shares. The reductions will occur within a three-month window, starting 15 trading days after the announcement, compliant with regulations, utilizing either centralized bidding or block trading. The executives cited personal financial needs as the reason for the planned sales. The company affirmed that these reductions won't alter company control or governance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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