Ke Hua Heng Sheng directors complete share reduction plan

Ke Hua Heng Sheng announced that its vice chairman and president, Chen Sixiong, along with four other senior executives, have completed their share reduction plan. The executives, including financial controller Tang Shan, vice president Lin Qingmin, board secretary Lin Tao, and vice president Cui Jian, collectively reduced their holdings by 499,280 shares, representing 0.0969% of the company's total share capital.

The reduction was carried out via centralized bidding and block trading between July 4, 2025, and September 30, 2025. Chen Sixiong divested 378,325 shares at an average price of 75.09 yuan, while Tang Shan sold 53,500 shares at 74.30 yuan. Lin Qingmin, Lin Tao, and Cui Jian also sold shares at average prices of 44.59 yuan, 75.97 yuan, and 75.00 yuan, respectively.

The company confirmed that the share reduction plan adhered to relevant regulations and did not exceed the pre-disclosed limits. These executives are not controlling shareholders, and the completion of the plan will not impact the company's governance structure or ongoing operations, nor will it alter control of the company.