Multiple Executives of Digital China to Reduce Holdings in Company Shares

LightningPacketLoss · 2026-03-15T14:36:53+00:00

Zhongguo Digital announced that directors and senior management plan to reduce holdings of no more than 537,300 shares between April 7 and July 6 due to personal funding needs. Current shareholders hold a combined total of 2.1494 million shares, representing 0.2965% of total share capital.

LightningPacketLoss

2026-03-15 14:36:53

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Beijing Business Daily (Reporter Wang Manlei) reported on the evening of March 12 that Digital China (000034) announced that its directors and senior management personnel Chen Zhenkun, Wu Hao, Lu Ming, and Pan Chunlei plan to reduce their holdings through centralized bidding within three months after the disclosure of the reduction plan (from April 7 to July 6). The total reduction will not exceed 537,300 shares, accounting for no more than 0.0741% of the company’s total share capital.

The announcement shows that the aforementioned shareholders currently hold a total of 2,149,400 shares, representing 0.2965% of the company’s total share capital. The reason for this reduction is to pay personal income tax on stock incentives and other personal financial needs.

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