Changhong Huayi employee supervisor Du Fangmin increases holdings by 15,300 shares, spending approximately 108,300 yuan.

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On March 21, 2026, Changhong Huayi Compressors Co., Ltd. (hereinafter referred to as “Changhong Huayi”) announced that employee supervisor (resigned) and current Human Resources and Operations Department Manager Du Fangmin increased his holdings in the company through centralized bidding on the Shenzhen Stock Exchange trading system on March 19. After this purchase, his shareholding has increased.

Details of the Increase

The announcement shows that before this purchase, Du Fangmin held 69,900 shares of Changhong Huayi, accounting for 0.01% of the total share capital. On March 19, he bought 15,300 shares through centralized bidding at an average price of 7.08 yuan per share. Based on this, the total cost was approximately 108,300 yuan (15,300 shares × 7.08 yuan/share).

After the purchase, Du Fangmin’s total shares increased to 85,200, still representing 0.01% of the total share capital.

Name Position Shares Held Before Increase Percentage of Total Share Capital Before Shares Purchased Average Price per Share (Yuan) Shares Held After Increase Percentage of Total Share Capital After
Du Fangmin Employee Supervisor (resigned), Human Resources and Operations Department Manager (current) 69,900 0.01% 15,300 7.08 85,200 0.01%

Background of the Increase Plan

According to the announcement, this increase was carried out in accordance with the company’s previously disclosed plan. Changhong Huayi issued an announcement on February 5, 2026, titled “Announcement on the Shareholding Increase Plan for Certain Directors and Senior Management” (Announcement No. 2026-007), and Du Fangmin, as one of the main participants, implemented this increase as planned.

Commitments and Impact

The announcement states that Du Fangmin’s increase complies with the “Company Law,” “Securities Law,” “Rules for the Management of Shareholdings and Changes of Shares by Directors and Senior Management of Listed Companies,” “Guidelines for Self-Regulation of Listed Companies on the Shenzhen Stock Exchange No. 10—Share Change Management,” and other relevant laws, regulations, and normative documents.

Additionally, Du Fangmin has committed that within three years from the completion of this increase, he will not reduce his holdings of the company’s shares by any means and will abide by the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange regarding share lock-up periods.

Changhong Huayi stated that this increase will not cause the company’s shareholding structure to violate listing requirements nor will it lead to a change in control of the company.

The board of directors of Changhong Huayi emphasized in the announcement that all members guarantee the truthfulness, accuracy, and completeness of the information disclosed, with no false records, misleading statements, or major omissions.

Disclaimer: The market carries risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.

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Editor: Xiao Lang Kuai Bao

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