---
title: "WEDGE CORPORATION: Director Chen Lan plans to reduce his holdings by 0.0414% of the company's shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/230332177.md"
description: "WEDGE CORPORATION announced that the company's director and general manager, Chen Lan, plans to reduce his holdings by no more than 197,500 shares, accounting for 0.0414% of the company's current total share capital, during the period from March 25, 2025, to June 24, 2025, through centralized bidding or block trading on the Shenzhen Stock Exchange. Chen Lan currently holds 790,000 shares of the company, accounting for 0.1657% of the company's current total share capital. This reduction is mainly due to personal funding needs, and the number of shares sold will not exceed 25% of the total shares held by Chen Lan"
datetime: "2025-03-03T13:59:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/230332177.md)
  - [en](https://longbridge.com/en/news/230332177.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/230332177.md)
generator: "portal-rs"
---

# WEDGE CORPORATION: Director Chen Lan plans to reduce his holdings by 0.0414% of the company's shares

WEDGE CORPORATION announced that the company's director and general manager, Chen Lan, plans to reduce his holdings by no more than 197,500 shares between March 25, 2025, and June 24, 2025, through centralized bidding or block trading on the Shenzhen Stock Exchange. This represents 0.0414% of the company's current total share capital. Chen Lan currently holds 790,000 shares, accounting for 0.1657% of the company's current total share capital. This reduction is primarily due to personal funding needs, and the number of shares sold will not exceed 25% of Chen Lan's total holdings in the company

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**