Xiangyuan New Materials: Shareholder Wuhan Xiangyuan Zhongxin plans to reduce holdings by no more than 0.87%

2026-03-29 11:03:36

Xiangyuan New Materials Co., Ltd. announcement: the controlling shareholder’s person acting in concert holding 3.87 million shares (representing 2.80% of the company’s total share capital, and 2.87% of the total share capital excluding repurchased shares) plans to reduce its holdings by no more than 1.20 million shares in total (representing 0.87% of the company’s total share capital, and 0.89% of the total share capital excluding repurchased shares) within three months after 15 trading days from the date of disclosure of the announcement, through centralized bidding or block trading. Of this, the reduction proportion via block trading must not exceed 2% within any consecutive 90 natural days, and the reduction proportion via centralized bidding must not exceed 1%.

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