Sanhua's Controlling Shareholder and Key Executives Complete Share Reduction Plan

Stock News03-30

Zhejiang Sanhua Intelligent Controls Co.,Ltd. (SANHUA) announced that it recently received notifications from Mr. Zhang Yabo, Mr. Wang Dayong, Mr. Ni Xiaoming, Mr. Kecheng Hu, and Mr. Yu Yingkui regarding the completion of their share reduction plans. As of the announcement date, these individuals have collectively reduced their holdings by approximately 10.0993 million shares and will not make further reductions during the remaining plan period. The company also received an early termination notice from Mr. Chen Yuzhong, who decided to conclude his reduction plan ahead of schedule without executing any share sales. The remaining 104,187 shares that were not sold will not be reduced during the remainder of the plan period.

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