FilingReader Intelligence

Fulin Precision directors complete share reductions

October 16, 2025 at 12:51 PM UTCBy FilingReader AI

Mianyang Fulin Precision Machining announced today that director and general manager Wang Jun, and director and vice chairman Li Pengcheng, have completed their planned share reductions. These transactions, previously disclosed on September 15, 2025, involved the sale of shares through centralized bidding.

Wang Jun sold 157,500 shares at an average price of 18.99 yuan per share, representing 0.01% of the company's total share capital. Li Pengcheng sold 184,800 shares at an average price of 19.37 yuan per share, also representing 0.01% of the total share capital. Both sales occurred between October 15 and October 16, 2025, totaling 342,300 shares or 0.02% of the company's stock.

The shares sold originated from the company's 2021 restricted stock incentive plan. Following these reductions, Wang Jun now holds 472,500 shares (0.03% of total), all of which are restricted shares, while his unrestricted shares are now zero. Li Pengcheng also holds 554,400 shares (0.03% of total), with his unrestricted shares reduced to zero. The company confirmed these reductions comply with relevant regulations and will not affect Fulin Precision Machining's governance or control.

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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