WAZAM(SH:603186) Zheng Quan Zhi Xing·2025-07-20 08:20Summary of Key Points Core Viewpoint - The announcement details the share reduction plans of the company's supervisors and senior management due to personal financial needs, specifying the number of shares to be sold and the timeline for the reduction. Group 1: Shareholding Information - As of the announcement date, the chairman of the supervisory board, Mr. Tang Xinqiang, holds 458,697 shares, accounting for 0.32% of the total share capital of the company [1] - The vice president and CFO, Mr. Yu Gao, holds 41,200 shares, representing 0.03% of the total share capital [1][2] Group 2: Reduction Plan Details - Mr. Tang Xinqiang plans to reduce his holdings by up to 114,600 shares, which is a maximum of 25% of his total holdings, through centralized bidding within three months starting from 15 trading days after the announcement [2][4] - Mr. Yu Gao intends to reduce his holdings by up to 10,300 shares, also not exceeding 25% of his total holdings, during the same period [2][4] Group 3: Compliance and Commitments - Mr. Tang Xinqiang previously committed to not transferring more than 25% of his shares annually while serving as a director or senior management, and he will not buy shares within six months after selling [4] - The planned reductions are consistent with previously disclosed commitments [4]