TREE NEWS update: Jiangbolong Vice General Manager Zhu Yu sold 598,400 shares between September 22 and September 29, completing the disclosed reduction plan before its deadline expired. The Shenzhen-listed memory chip maker said the share disposal plan has now reached the end of its term and been fully implemented.
Jiangbolong VP Zhu Yu Completes Share Sale of 598,400 Shares
The significance here is less the size of the disposal than the timing: the plan was completed ahead of its deadline, which removes a known overhang on the stock rather than extending it. That matters for holders who had been tracking the disclosed reduction schedule as a source of supply. What is worth watching now is whether other disclosed reduction plans at the company follow the same pattern of early completion, since that would shape the near-term supply picture.
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