Guangli Technology Shareholders Plan to Trim Up to 746.19 Million Yuan in Stock

Guangli Technology said on September 2 that shareholders Chen Shulan, Zhao Tongya and Zhao Tongkai plan to sell up to 1.5766 million shares, 529,700 shares and 352,300 shares, respectively, over the three months starting 15 trading days after the announcement, according to Jiemian News. The sales will be carried out through block trades and centralized bidding, with no price range set. Based on the September 1 closing price of 30.35 yuan per share, the planned disposals are worth up to about 74.6194 million yuan and would equal no more than 0.43%, 0.14% and 0.1% of the company's total share capital, respectively.