On June 14, Meituan (03690.HK) announced that Shen Nanpeng resigned as non-executive director. Shen Nanpeng has confirmed that there are no disagreements with the board of directors and no other matters related to his resignation need to be brought to the attention of shareholders. In recent years, Shen Nanpeng has continuously reduced his shareholding in Meituan. On August 31, 2023, Shen Nanpeng sold 26.352 million shares at an average price of HKD 129.23 per share, reducing his holding to 1.86%. On July 25, 2022, Shen Nanpeng sold 2.1 million shares at an average price of HKD 186.5201 per share, with a value of HKD 390 million, reducing his holding from 2.73% to 2.69%. On July 22, 2022, Shen Nanpeng sold 82,500 shares at an average price of HKD 191.1724. On July 21, 2022, Shen Nanpeng sold 4.36 million shares at an average price of HKD 193.1892, realizing over HKD 1.2 billion in five days. Meituan's 2023 annual report showed that as of the end of last year, Shen Nanpeng held 1.69% equity in Meituan through HongShan Funds and other controlled entities, with another 0.17% beneficial interest. (Pengpai)
沈南鹏退任美团非执行董事，至去年底持股比例已降至1.86%
Shen Nanpeng resigned as a non-executive director of Meituan, and his shareholding had dropped to 1.86% by the end of last year.
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