Raycus Laser announced that Chairman and General Manager Chen Xingxing plans to increase his holdings in the company by no less than 800,000 yuan. General Counsel Deng Zhonghui plans to increase by no less than 400,000 yuan. Chief Accountant and Board Secretary Deng Xiankun plans to increase by no less than 400,000 yuan. The three individuals will increase their holdings by a combined total of at least 1.6 million yuan. The methods of increase include centralized bidding and block trades.
Wuhan Raycus Fiber Laser Technologies Co Ltd Class AChairman and executives plan to increase holdings by at least 1.6 million yuan, signaling confidence.