Core Viewpoint - The company announced the completion of share reduction plans by its executives, indicating a strategic move in their shareholding structure and potential implications for investor sentiment [2][5]. Group 1: Share Reduction Plans - Executive Wang Chongpu plans to reduce up to 845,900 shares, representing 0.27% of the total share capital, within three months after the disclosure of the pre-announcement [1]. - Executive Niu Yusheng intends to reduce up to 627,100 shares, accounting for 0.20% of the total share capital, within the same timeframe [1]. - Executive Fang Shupeng aims to reduce up to 77,800 shares, which is 0.02% of the total share capital, also within three months after the pre-announcement [1]. Group 2: Implementation of Share Reduction - Niu Yusheng completed the reduction of 7,100 shares at an average price of 11.200 yuan per share on July 14, 2025 [2]. - Fang Shupeng executed a reduction of 20,000 shares at an average price of 11.210 yuan per share on July 23, 2025 [2]. - The total shares reduced by the executives amounted to 703,794 shares, representing 0.226% of the total share capital [2]. Group 3: Shareholding Structure Post-Reduction - After the reductions, Niu Yusheng holds 1,881,400 shares, which is 0.60% of the total share capital, down from 2,508,500 shares (0.80%) [4]. - Fang Shupeng's shareholding decreased to 234,706 shares, representing 0.08% of the total share capital, from 311,400 shares (0.10%) [4]. - The company confirms that the shareholding changes do not affect its governance structure or ongoing operations [5].
山东章鼓: 关于部分董事、高级管理人员减持计划实施完成的公告