Inovance directors, executives complete share reduction plan

Shenzhen Inovance Technology announced that its directors and senior management, namely Director and Vice President Zhou Bin, Vice President Li Ruilin, Vice President Yi Gaoxiang, CFO Liu Yingxin, and former Supervisor Bai Ziping, have completed their share reduction plan. The individuals collectively sold 5,279,342 shares between April 8, 2025, and July 7, 2025, representing approximately 0.196% of the company's total share capital (excluding shares held in the company's repurchase account). Individual transaction prices averaged between CNY64.04 and CNY70.12 per share. Following the transactions, the executives continue to hold significant stakes in the company, with some holdings subject to lock-up provisions. The company confirmed that the share reduction complied with all relevant regulations and did not impact the company's control structure.