Leadshine insiders complete minimal share reduction plan

Shenzhen Leadshine Intelligent Control Co., Ltd. (SZSE:002979) announced the completion of a share reduction plan by Li Chengsheng, a person acting in concert with the actual controller, and Yang Liwang, the chairman of the supervisory board. The plan, previously disclosed on August 20, 2025, involved reducing their holdings due to personal financial needs.

Li Chengsheng and Yang Liwang executed the sales through concentrated bidding between September 10, 2025, and December 9, 2025. Li Chengsheng sold 10,200 shares at an average price of RMB 53.15 per share, representing 0.0033% of the company's total share capital. Yang Liwang did not sell any shares during this period. The combined total sold was 10,200 shares, falling significantly short of the originally planned maximum of 900,000 shares.

Following this reduction, Li Chengsheng's total holdings decreased to 1,343,134 shares, maintaining a 0.43% stake. Yang Liwang's holdings remained unchanged at 3,010,590 shares, representing 0.96% of the total share capital. The company affirmed that this share reduction will not alter control or negatively impact its governance structure and continuous operations.