Midea Group announced on the evening of May 30 that Jiang Peng, the secretary of the company's board of directors, plans to reduce its holding of no more than 25% of the total number of shares in the company held by him in a centralized auction within 6 months, that is, 153,000 shares. Jiang Peng said that this is mainly to return the borrowing of exercise funds, which is a routine operation. The announcement also said that the reason for Jiang Peng's reduction of holdings was: "to repay external financing loans such as individuals due to equity incentive exercises". As of yesterday, Jiang Peng held 611,300 shares of Midea Group, which is "equity incentive exercise income". (CBN)