ZCZL (00564): Chairman Jiao Chengyao Reduces Holdings by 1 Million Company A-Shares

Stock News
01/30

ZCZL (00564) announced that the company disclosed the "Announcement on the Share Reduction Plan of Certain Directors and Senior Management of ZCZL (Zhengzhou) Industrial Technology Group Co., Ltd." (Announcement Number: 2025-068) on December 22, 2025. Chairman Mr. Jiao Chengyao, Deputy General Manager Mr. Fu Qi, and Deputy General Manager Mr. Zhang Haibin planned to reduce their holdings of company shares through the block trading system of the Shanghai Stock Exchange via centralized bidding, within a three-month period starting 15 trading days after the announcement date of this reduction plan (i.e., from January 14, 2026, to April 13, 2026). Mr. Jiao Chengyao intended to reduce no more than 1.0567 million shares, Mr. Fu Qi intended to reduce no more than 158,900 shares, and Mr. Zhang Haibin intended to reduce no more than 211,500 shares. The number of shares to be reduced by the aforementioned parties did not exceed 25% of their respective total shareholdings at the end of the previous year.

The company received the "Notification Letter on the Result of Share Reduction" submitted by Mr. Jiao Chengyao, Mr. Fu Qi, and Mr. Zhang Haibin on January 30, 2026. As of January 30, 2026, Mr. Jiao Chengyao had reduced a total of 1 million company shares through centralized bidding, accounting for 0.0560% of the company's total share capital, with the remaining 56,700 shares no longer to be reduced; Mr. Fu Qi had reduced a total of 158,700 company shares, accounting for 0.0089% of the company's total share capital, with the remaining 200 shares no longer to be reduced; Mr. Zhang Haibin had reduced a total of 95,000 company shares, accounting for 0.0053% of the company's total share capital, with the remaining 116,500 shares no longer to be reduced.

The share reduction plans for the aforementioned parties have now been fully implemented and are terminated ahead of schedule.

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