Fangzheng Electric (002196.SZ) second largest shareholder Zhang Min sold a total of 1,632,400 shares on November 10th and November 12th.

Zhitong Finance APP News, Fangzheng Electric (002196.SZ) announced that the company received a "Brief Equity Change Report" issued by Mr. Zhang Min, a shareholder holding more than 5% of the company's shares, on November 12, 2025. It was learned that on November 10, 2025, and November 12, 2025, Mr. Zhang Min reduced his holdings of the company's shares by a total of 1.6324 million shares through centralized bidding trading, accounting for 0.33% of the company's total share capital.