On July 18, Solax Power Network Technology(Zhejiang)Co.,Ltd. (688717.SH) announced that seven of its directors and senior executives, including Director and Core Technical Expert Guo Huawei, Director and CFO Yan Qiang, Director Gui Yizhou, Board Secretary Sheng Jianfu, as well as former Chairman of the Supervisory Committee Zhu Dongmin, former Supervisor Gao Zhiyong, and former Supervisor Mei Jianjun, plan to reduce their shareholdings in the company through centralized bidding or block trades due to personal financial needs.
According to the disclosed reduction plan, these shareholders intend to collectively sell no more than 345,263 shares, representing no more than 0.2157% of the company’s total equity.
