Core Points - Wang Wenxu, the Vice President and CFO of Shandong Sanwei Chemical Group Co., Ltd., plans to reduce his shareholding [1][2] - As of the announcement date, Wang holds 482,625 shares, representing 0.0744% of the total share capital [2] - The planned reduction involves selling up to 120,656 shares, which is no more than 0.0186% of the total share capital, and does not exceed 25% of his total holdings [2][3] Summary by Sections Shareholder Reduction Details - The shares to be reduced are from stock options and rights distributions [2] - The reduction will occur through centralized bidding and is scheduled from October 16, 2025, to January 15, 2026, with a 15 trading day waiting period post-announcement [2] - The selling price will be determined based on market conditions at the time of the sale [2] Compliance with Regulations - The planned reduction complies with Wang's previous commitments made during the company's major asset restructuring in 2020 [3] - Wang is restricted to transferring no more than 25% of his total holdings annually while in a senior management position, and cannot transfer shares within six months after leaving [3] - As of the announcement date, Wang has adhered to these commitments without any violations [3]
山东三维化学高管王文旭拟减持不超12.07万股,占总股本0.0186%