Chairman Zhu Baoyi of Nandu Power plans to reduce his holdings, not exceeding 1.5808% of the company's total share capital

Nandu Power recently released an announcement stating that the company’s Chairman and General Manager, Zhu Baoyi, plans to reduce his holdings of the company’s shares through centralized bidding and block trades. According to the announcement, Zhu Baoyi currently holds 6.3233% of the company’s shares, and the number of shares he plans to reduce this time will not exceed 14.0493 million shares, accounting for 1.5808% of the company’s total share capital.

This reduction plan has drawn widespread attention from the market. As an important shareholder and executive of the company, Zhu Baoyi’s share reduction is viewed as a certain signal regarding the company’s future development. Although the announcement does not clearly specify the exact reasons for the reduction, market participants generally believe it may be related to personal capital needs or adjustments to investment strategies.

As a company with influence in the industry, Nandu Power’s stock performance has long been closely watched by investors. After the reduction plan was announced, whether the company’s stock price will be affected has become one of the key focus areas for the market. Analysts noted that the scale of the reduction is relatively small and will have limited impact on the company’s overall equity structure, but in the short term it may cause some fluctuations in market sentiment.