Sungrow Power Supply(SZ:300274) 第一财经·2025-09-27 15:27Core Viewpoint - The announcement of the early termination of the share reduction plan by four senior executives of Sunshine Power (300274.SZ) indicates a strategic decision to avoid short-term trading, reflecting confidence in the company's future performance [3][6]. Group 1: Share Reduction Announcement - Four senior executives, including the vice chairman and senior vice presidents, announced the early termination of their share reduction plan, involving up to 424,900 shares valued at approximately 66.92 million yuan based on the closing price of 157.50 yuan per share on September 26 [3][4]. - The initial plan for share reduction was disclosed on July 11, with the executives citing "personal funding needs" as the reason for the planned reduction [4][6]. Group 2: Stock Performance - Following the initial announcement of the share reduction, Sunshine Power's stock price nearly doubled, increasing by 93.49% from the time of the initial disclosure to the announcement of the early termination [5][6]. - The company's stock price has experienced significant volatility, previously increasing over 20 times from October 2018 to October 2021, before facing a substantial decline from 2022 to 2023 due to high expectations and performance issues [7]. Group 3: Management Holdings - The total shares held by the four executives amount to 1,909,851 shares, representing 0.0930% of the company's total share capital [4].