Sany Renewable Energy (SH:688349) Shang Hai Zheng Quan Bao·2025-09-17 19:51Core Viewpoint - The announcement details the share reduction plans of certain executives at SANY Renewable Energy, indicating their intent to sell portions of their holdings due to personal financial needs, while ensuring compliance with relevant regulations [4][11]. Group 1: Shareholding Information - As of the announcement date, Chairman Zhou Fugui holds 44,482,500 shares (3.6271% of total shares), General Manager Li Qiang holds 16,804,500 shares (1.3702%), and other executives hold smaller percentages [2]. - The shares held by these executives primarily originate from the company's 2020 stock option incentive plan [2][3]. Group 2: Reduction Plan Details - Zhou Fugui plans to reduce his holdings by up to 2,965,500 shares (0.2418% of total shares), while Li Qiang intends to reduce by up to 2,520,675 shares (0.2055%) [4]. - The reduction will occur through centralized bidding or block trading, starting 15 trading days after the announcement and lasting for three months [4]. - The reduction prices will be determined based on market conditions at the time of sale, with adjustments made for any corporate actions affecting share count [4]. Group 3: Compliance and Commitments - The executives have not sold any shares since the company's listing, indicating a commitment to their holdings [5]. - The share reduction plan aligns with previous commitments made under the 2020 stock option incentive plan, which includes restrictions on share transfers during their tenure and specific conditions post-termination [7][8].