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Xinchai Co., Ltd.: Executive Guo Zinan plans to reduce holdings by no more than 0.0778%
Xinchai Co., Ltd. announced that its senior management personnel, Gui Zinan, holds 750,000 shares of the company, representing 0.3110% of the company. It plans to, within three months after fifteen trading days from the date of the preliminary disclosure announcement for this reduction plan—i.e., from April 20, 2026 to July 19, 2026—reduce its holdings by no more than 187,500 shares, representing 0.0778%, through centralized competitive bidding, and not exceeding 25% of the shares held. The shares to be reduced are sourced from shares that were issued before the company’s initial public offering. The company’s total share capital is 241 million shares.