Zhong Guo Jing Ji Wang·2025-07-11 03:35Summary of Key Points Core Viewpoint - The company, Heshun Petroleum, announced a share reduction plan by its financial director, Yu Meiling, due to personal funding needs, intending to sell up to 41,250 shares, representing 0.0238% of the total share capital, within a specified period [1][2]. Group 1: Share Reduction Plan - Yu Meiling plans to reduce her holdings by a maximum of 41,250 shares through centralized bidding [2]. - The reduction period is set from August 4, 2025, to November 3, 2025, with restrictions during legal window periods [1][2]. - As of the announcement date, Yu Meiling holds 165,000 shares, accounting for 0.0952% of the company's total share capital [2]. Group 2: Company Background - Heshun Petroleum was listed on the Shanghai Stock Exchange on April 7, 2020, with an initial public offering of 33.38 million shares at a price of 27.79 yuan per share [2]. - The company raised a total of 927.63 million yuan, with a net amount of 840.77 million yuan allocated for various projects, including the construction of oil storage facilities and retail network expansion [3]. - The company is currently in a state of share price decline, having fallen below the initial offering price [2].