Meilian New Materials: Shareholder Zhang Shengye plans to reduce holdings by no more than 2%

K-LinePoet

2026-03-30 14:50:42

Abstract generation in progress

Meilian New Materials’ announcement: Shareholder Zhang Shengye holds 35.5608 million shares of the company, accounting for 4.999995%. He plans to reduce his holdings within three months after the third trading day from the date of disclosure of this announcement, by means of centralized bidding and block trading.

The reduction via centralized bidding shall not exceed 1% of the company’s total share capital, i.e., no more than 7.1122 million shares, and within any consecutive 90 natural days it shall not exceed 1%, i.e., no more than 7.1122 million shares. The reduction via block trading shall not exceed 1% of the company’s total share capital, i.e., no more than 7.1122 million shares.

The reduction period is from March 5, 2026 to June 4, 2026. The price range will be determined based on the market price.

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