WAZAM supervisors and executives plan to reduce their holdings by no more than 124,900 shares
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According to the announcement from WAZAM, the chairman of the supervisory board, Tang Xinqiang, and the vice president and chief financial officer, Yu Gao, plan to reduce their holdings of the company's shares due to personal funding needs. They intend to sell no more than 114,600 shares and 10,300 shares, respectively, within three months after the announcement of this reduction plan, starting fifteen trading days from the date of disclosure. Both reductions will not exceed 25% of their respective holdings. The selling price will be determined based on the market price at the time of the reduction
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