Broadex Technologies shareholder sells 1.92% stake for 368m yuan

Broadex Technologies announced that shareholder Ding Yong completed his planned share reduction, selling 5.6 million shares representing 1.92% of the company's total share capital.

The sale generated approximately 368 million yuan through a combination of centralized bidding at an average price of 66.02 yuan per share and block trading at 60.16 yuan per share. His spouse had planned a sale but did not proceed with the transaction.