madcarsracingandcrash| ST Reid: Some directors and managers plan to increase their shares in the company by 22 million yuan to 27.6 million yuan

ST Read Evening AnnouncementmadcarsracingandcrashThe company received notices from Chairman and General Manager Jiang Yang, Director, Financial Controller Zhu Sangao and other management personnel of the company. Based on his confidence in the company's future development prospects and recognition of the long-term investment value of the company's stocks, Jiang Yang has increased his stake in the company by 15% on May 22 through centralized bidding transactionsmadcarsracingandcrash.89 million shares, with an average increase of 1madcarsracingandcrash.31 yuan/share. In addition, Jiang Yang, Zhu Sangao and their managers plan to increase their shares in the company through centralized bidding transactions within 6 months from the implementation date of this increase (May 22). The total increase amount shall not be less than 22 million yuan and no more than 27.6 million yuan (the above amount includes the amount increased today). The increase plan does not set a price range.

(Article sourcemadcarsracingandcrash: Daily Economic News)

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