LME director Feng Zhenggang plans to reduce holdings by no more than 570,000 shares
LME director Feng Zhenggang plans to reduce his holdings of no more than 570,000 shares of the company within 15 trading days after the announcement due to personal funding needs, with the reduced shares accounting for no more than 0.39% of the company's total share capital
According to the Zhitong Finance APP, LME (688589.SH) announced that the company's director, Mr. Feng Zhenggang, has issued a "Share Reduction Plan Notification Letter." Due to personal funding needs, Mr. Feng plans to reduce his holdings of the company's shares by no more than 570,000 shares through centralized bidding, block trading, and other methods within three months after the announcement date (excluding the period prohibited from reduction as per the regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange). The shares to be reduced account for no more than 0.39% of the company's total share capital
