Muyuan Foods Group Co., Ltd. announced that 12 directors and senior managers intend to buy additional A shares valued at no less than RMB400 million and no more than RMB500 million through the Shenzhen Stock Exchange’s centralized bidding, block trades or other compliant methods. The purchases will be executed between 26 June 2026 and 25 December 2026.
The participants—Mr. Cao Zhinian, Ms. Yang Ruihua, Mr. Gao Tong, Mr. Qin Muyuan, Mr. Su Danglin, Ms. Chu Ke, Ms. Wang Chunyan, Mr. Yuan Hebin, Mr. Qin Jun, Mr. Li Yanpeng, Mr. Xu Shaotao and Ms. Niu Min—will fund the transactions with personal or self-raised capital.
Management affirmed that the plan will not alter the company’s control structure, nor will it jeopardize compliance with listing requirements; a sufficient public float will be maintained. The insiders have committed to refrain from reducing their holdings during the six-month execution window and for 12 months after completion.
Implementation will follow all applicable regulations, including the PRC Securities Law and Shenzhen Stock Exchange rules. If trading in the company’s shares is suspended, the timeline will be extended and further disclosure will be provided.
The initiative underscores management’s confidence in Muyuan Foods’ long-term prospects, yet the executives reserve full discretion to proceed or modify the plan. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.
Comments