Xiangyuan New Materials: One of the actual controllers' concerted parties plans to reduce their holdings in the company by no more than 0.87%

People’s Financial News, March 24 — Xiangyuan New Materials (300980) announced on March 24 that its shareholder Wuhan Xiangyuan Zhongxin New Materials Investment Partnership (Limited Partnership) (the company’s controlling shareholder and concerted party of the actual controller) plans to reduce its holdings by no more than 1.2 million shares, accounting for no more than 0.87% of the company’s total share capital.

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