On September 24, Geelong announced that from September 23, 2024 to September 24, 2024, the 2020 employee shareholding plan conducted bulk trades to selectively reduce 39 million shares to the company's director Ruan Weixiang. The remaining 6 million shares were selectively bulk traded to director Yao Jianfang, 1 million shares each to directors Lu Bangyi, He Xubin, Gong Han, Ruan Xingxiang, and Zhou Zhengnan, totaling 45 million shares. The reduction plan has been completed. After the reduction, the 2020 employee shareholding plan still holds 25,000,070 shares of the company, accounting for 0.77% of the total share capital.