Zhejiang Meida: Directors and executives completed a reduction of 1.3865% of their shares

Zhejiang Meida announced that the share reduction plan of the company's chairman Wang Peifei and director and general manager Xu Jianlong has been completed. Wang Peifei reduced his holdings by a total of 8.9575 million shares through centralized bidding and block trading, accounting for 1.3865% of the total share capital. Xu Jianlong reduced his holdings by 5.54 million shares through block trading, accounting for 0.8575% of the total share capital. After the reduction, Wang Peifei's shareholding ratio decreased to 4.1641%, and Xu Jianlong's shareholding ratio decreased to 2.8856%