ST Ningke Directors and All Senior Executives Plan to Increase Shareholdings, Total Amount Between 3.7 Million and 6 Million Yuan

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ST Ningke announced that some directors and all senior executives plan to increase their shareholdings in the company within six months from the date of the announcement, through centralized bidding. The total increase amount will be no less than 3.7 million yuan and no more than 6 million yuan. The participants include Chairman and General Manager Fu Jie, Director Feng Zhansheng, Director, Deputy General Manager and Board Secretary Wang Wei, Deputy General Manager Li Zhongfu, Deputy General Manager Qu Xiaochun, and Chief Financial Officer Jin Xiangyu. None of them directly held company shares before the increase. This share increase does not set a price range, and the funds will come from their own or self-raised capital.

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