300274突发，四高管提前终止减持

Core Viewpoint - The announcement of the early termination of the share reduction plan by four senior executives of Sunshine Power (300274.SZ) is aimed at avoiding short-term trading, despite the company's stock price having nearly doubled since the initial disclosure of the reduction plan [1][2][5]. Group 1: Share Reduction Announcement - Four senior executives, including the vice chairman and three vice presidents, announced the early termination of their share reduction plan, which involved a maximum of 424,900 shares [1][2]. - The value of the shares that were to be reduced, based on the closing price of 157.50 yuan per share on September 26, is estimated to be no more than 66.92 million yuan [2]. - The initial disclosure of the share reduction plan dates back to July 11, with the reason cited as "personal funding needs" [3][6]. Group 2: Stock Price Movement - Following the initial announcement of the share reduction, Sunshine Power's stock price entered an upward trend, reaching a new high since its listing in 2011, and becoming the market leader in the A-share solar storage sector [4]. - The company's stock price has increased by approximately 93.49% from the time of the initial reduction announcement to the announcement of its early termination [5]. - Prior to the recent surge, Sunshine Power experienced a significant price fluctuation, with its stock price increasing over 20 times from October 2018 to October 2021, followed by a substantial decline from 2022 to 2023 due to high expectations and valuation corrections [6][7]. Group 3: Executive Holdings - The total number of shares held by the four executives amounts to 1,909,851 shares, representing 0.0930% of the company's total share capital [3]. - The individual holdings include 700,000 shares by the vice chairman, 577,500 shares by a director, and smaller amounts held by the other vice presidents [3].