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Nata Opto-electronic shareholders complete previously announced share reductions

September 15, 2025 at 10:11 AM UTCBy FilingReader AI

Jiangsu Nata Opto-electronic Material announced the completion of share reduction plans by its major shareholder, Mr. Zhang Xingguo, and director Mr. Wang Luping. Both individuals executed their sales through centralized bidding between July 23/24, 2025, and September 12, 2025.

Mr. Zhang Xingguo, a shareholder holding over 5%, sold 6,911,540 shares at an average price of CNY33.60 per share, representing 1.00% of the company's total share capital. Following this, his total holdings decreased from 43,087,824 shares (6.23%) to 36,176,284 shares (5.23%). Director Mr. Wang Luping sold 195,000 shares at an average price of CNY31.78 per share, accounting for 0.03% of the total share capital, reducing his overall stake from 780,000 shares (0.11%) to 585,000 shares (0.08%).

The company confirmed the share reductions were conducted in compliance with relevant regulations and did not exceed the disclosed planned amounts. The completion of these plans is not expected to significantly impact the company's governance structure or its ongoing operations, as Jiangsu Nata Opto-electronic Material has no controlling shareholder or actual controller.

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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