Shanghai Smith Adhesive New Material: Some senior management personnel reduced their holdings by a total of 141,000 shares on September 16

On September 18th, Shanghai Smith Adhesive New Material announced that the cumulative deviation value of the daily closing price increase of its stock exceeded 20% over three consecutive trading days, which constitutes an abnormal fluctuation in stock trading. The company's senior management personnel, Pan Xiaochan, reduced her holdings by 10,000 shares of the company's stock on September 16, 2025, during this period of abnormal stock trading fluctuation according to the reduction plan. The company's director and senior management personnel, Bai Qiumei, reduced her holdings by 131,000 shares of the company's stock on September 16, 2025, during this period of abnormal stock trading fluctuation according to the reduction plan. After verification, the company found no other significant events that could have a substantial impact on the company's stock price