Ming Yang Smart Energy announced that Vice President and Board Secretary Wang Chengkui increased his stake in the company by 108,000 shares through centralized bidding on the Shanghai Stock Exchange on September 3, accounting for 0.005% of the company's total share capital, with a purchase amount of approximately 1.01 million yuan. Prior to this increase, Wang Chengkui held no company shares; after the increase, he holds 108,000 shares. The announcement stated that the increase complies with relevant laws and regulations, does not trigger equity change reporting obligations, and will not result in a change in shareholder status.
Ming Yang Smart Energy Group LtdInsider purchase by VP signals confidence, though small stake.
