Weekly Stock Review: Zhengxian Electric (688395) executives and actual controllers plan to collectively reduce their holdings by no more than 2.21M shares

As of the close on April 3, 2026, Sine Electric (688395) closed at 24.69 yuan, down 4.82% from 25.94 yuan last week. This week, Sine Electric’s intraday high on April 1 was 26.48 yuan. The intraday low on April 3 was 24.38 yuan. Sine Electric’s current latest total market cap is 2.14B yuan. In the automation equipment sector, it ranks 78/79 by market cap, and in the A-share market across both exchanges, it ranks 5038/5193.

Key focus this week

• From a summary of company announcements: One of the consistent-action parties of Sine Electric’s actual controller and some directors/senior executives plan to reduce their holdings by a total of no more than 2,207,400 shares

Summary of company announcements

For reasons related to their own capital needs, Ningbo Xinzhigu Yuan, one of the consistent-action parties of the actual controller of Shenzhen Sine Electric Co., Ltd., as well as some directors and senior executives Zhang Xiaoguang, Xu Yaozeng, and He Wei plan to reduce their company shareholdings from April 24, 2026 to July 23, 2026 by selling through centralized bidding or block trades. Specifically, Ningbo Xinzhigu Yuan plans to reduce no more than 815,000 shares, Zhang Xiaoguang plans to reduce no more than 850,000 shares, Xu Yaozeng plans to reduce no more than 42,400 shares, and He Wei plans to reduce no more than 500,000 shares. The aforementioned shares are all shares obtained before the initial public offering or obtained under equity incentives and are already listed for trading. The selling price will be determined based on market price. If the company conducts stock dividends, transfers from capital reserve to share capital, or other such events, the number of shares to be reduced will be adjusted accordingly.

The above content has been compiled by Securities Star from publicly available information and generated by an AI algorithm (Network Information Security Filing No. 310104345710301240019). It does not constitute investment advice.