Western Materials: The controlling shareholder plans to reduce their holdings by no more than 1% of the company's shares

People’s Finance and Information, March 31—West Materials (002149) announced on March 31 that its controlling shareholder, the Northwest Research Institute of Nonferrous Metals, plans to reduce its holdings of the company’s shares by no more than 4.8821 million shares (representing 1% of the company’s total share capital) through a centralized bidding method or block trades.

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