Kingsemi: Executives Intend to Divest No More Than 0.0134% of Shares
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Author:小编   

On September 25, Kingsemi disclosed that Wang Mingbo, a senior executive at the company, intends to divest himself of no more than 26,976 shares, equating to no more than 0.0134% of the company's total share capital. This move, driven by personal financial requirements, will be executed through centralized bidding within a three-month period starting 15 trading days after the announcement's release. (In the context of stock trading in English-speaking countries, "reduce holdings" is more commonly and naturally expressed as "divest shares" or "sell shares". And "personal financial needs" is more idiomatically rendered as "personal financial requirements".)