Xinghua New Materials: Niujiang plans to reduce its holdings by no more than 3% of the company's shares.

GoldenOctober2024

2025-04-29 10:23:48

On April 29, Jin10 reported that Xinghua New Materials announced that specific shareholder Niu Jiang plans to reduce his holdings by no more than 3.4867 million shares, accounting for approximately 3% of the company’s total share capital, through centralized bidding and Block Trading from May 8, 2025, to August 7, 2025. Niu Jiang currently holds 4.855 million shares, accounting for 4.18% of the total share capital. This reduction is mainly due to personal funding needs, and the reduction price will be determined based on market prices. Niu Jiang is not the company’s controlling shareholder or actual controller, and this reduction will not lead to a change in the company’s control.

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