Wuhan P&S executives complete share reductions

Wuhan P&S Information Technology Co., Ltd. announced on September 20, 2025, that Wang Xiaodong and Liu Changbai, a director and senior manager respectively, have completed their planned share reductions. The company had initially disclosed these plans on June 3, 2025.

Wang Xiaodong reduced his holdings by 527,300 shares, representing 0.0457% of the company's total share capital, at an average price of CNY 12.062 per share. His total holdings now stand at 1,581,900 shares, with no restricted shares remaining. Liu Changbai sold 74,991 shares, equivalent to 0.0065% of the total share capital, at an average price of CNY 12.069 per share. After the reduction, Liu holds 224,971 shares, also with no restricted shares.

The company confirmed that these transactions comply with all relevant laws and regulations. The company also stated that the share reductions would not impact its governance structure, ongoing operations, or lead to a change in company control.