Elegant: Directors and executives plan to reduce their holdings by 0.108% of shares

Elegant announced that the company's director and deputy general manager Ding Sheng, director Wang Quanxin, director and board secretary Li Hong, and director, deputy general manager, and financial head Zhu Xiaoyan plan to reduce their holdings of the company's shares due to personal funding needs. They intend to reduce their holdings of a total of no more than 264,900 shares within 15 trading days after the announcement, accounting for 0.108% of the company's current total share capital. The number of shares to be reduced will not exceed 25% of their total holdings in the company. If the company undergoes changes such as dividend distribution, bonus shares, or capital increase during the reduction period, the number of shares to be reduced will be adjusted, and the reduction price will be determined based on market prices. The reducing parties will decide whether to implement the reduction plan based on personal funding needs, market conditions, and the company's stock price