FRD's specific shareholder Feichi Investment plans to reduce its holdings by no more than 5.2308 million shares

FRD announced that a specific shareholder, Feichi Investment, plans to reduce its holdings by no more than 5.2308 million shares from August 20, 2025, to November 19, 2025, accounting for 0.8990% of the total share capital. At the same time, the company's director and deputy general manager, Ma Jun, plans to reduce his holdings by no more than 500,000 shares within three months after the announcement, accounting for 0.0859% of the total share capital

According to the Zhitong Finance APP, FRD (300602.SZ) announced that a specific shareholder, Feichi Investment (an employee stock ownership platform established for key employees before the company's initial public offering), plans to reduce its holdings in the company by no more than 5.2308 million shares through centralized bidding or block trading from August 20, 2025, to November 19, 2025, accounting for 0.8990% of the company's current total share capital.

In addition, the company's director and deputy general manager, Mr. Ma Jun, plans to reduce his holdings in the company by no more than 500,000 shares through centralized bidding within three months after 15 trading days from the date of this announcement, accounting for 0.0859% of the company's current total share capital