Yongxing Special Materials Technology (SHE:002756) said directors Yang Guohua and Yao Guohua have completed their share reduction plans, according to a Wednesday filing with the Shenzhen bourse.
Yang sold 70,000 shares for an average of 45.98 yuan apiece, while Yao sold 27,000 shares for an average of 46.22 yuan each. Yang now holds a 0.0408% stake, while Yao holds 0.0189%.
Shares of the steel manufacturer declined 2% in recent trade.
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