On December 23, Yango Group Co.Ltd(000671) announced that it had recently received the notification letter on reducing the company’s shares through block trading from Zhu Rongbin, director and executive chairman of the company. Due to the demand for personal funds, Zhu Rongbin reduced his holdings of 4546100 tradable shares of the company with unlimited sales conditions through the block trading system of Shenzhen Stock Exchange on December 22, 2021, accounting for 0.1099% of the total share capital of the company.
Yango Group Co.Ltd(000671) said in the announcement that Zhu Rongbin promised that during his tenure as a director of the company, the shares transferred each year would not exceed 25% of the total shares of the company held by him. As of the announcement date of December 23, Zhu Rongbin has strictly complied with the above commitments, and there is no violation of the above commitments.
(Beijing business daily)
