Chow Tai Seng executive to sell portion of company shares

Chow Tai Seng Jewellery announced that senior executive Xu Jinzhuo plans to sell a portion of his shares. Mr. Xu, who currently holds 506,250 shares, representing 0.0466% of the company's total share capital, intends to divest up to 126,562 shares. This proposed sale would account for no more than 0.0117% of the total share capital.

The share reduction will be carried out through centralized bidding, commencing 15 trading days after the announcement date and concluding within three months, specifically between December 1, 2025, and February 27, 2026. The shares originate from the company's first phase restricted stock incentive plan, including shares derived from capital reserve conversions.

The company stated that this is a normal reduction by a senior executive and will not alter the company's control or negatively impact its governance structure or future operations. Mr. Xu's decision to sell is driven by personal capital requirements, and the selling price will be determined by prevailing secondary market prices at the time of the transaction.