CEO Qin Zhen liquidates entire 1,580,000-share position at $1.50 (total $2,370,000.00), now holds zero shares; stock down 95.6% from 52-week high.
Qin Zhen, CEO and Chairman, executed a complete liquidation of his shareholding across two tranches (January and March 2026), selling 1,580,000 shares for $2,370,000.00 at $1.50 per share and retaining zero shares post-transaction. The timing and magnitude raise material concerns: the stock has collapsed 95.6% from its $22.33 52-week high and trades at $0.98 today, well below the sale price, while the company posts negative net income of $-134,670.00 despite 175.7% annual revenue growth. A CEO's complete exit from ownership—particularly one who retains no equity stake—signals either loss of confidence in sustained valuation or a forced liquidity event, especially given the company's unprofitability and the dramatic reversal in stock price after the executive's sales.